Memorial Day 2023 car accessory markdowns

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— Recommendations are independently chosen by Reviewed’s editors. Purchases made through the links below may earn us and our publishing partners a commission. Memorial Day is one of the most high-volume travel days of the year, and if your holiday plans have included a lot of car travel, you might be on the hunt for accessories to make the trip a little easier. There are plenty of markdowns on car accessories for the day, including car chargers, dash cams and more. ►Amazon’s Memorial Day sale is here: Shop 80+ deals on appliances, furniture and more As you plan your summer…
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VW’s PowerCo, Stellantis, Glencore back $1B mine deal in Brazil

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LONDON — Global miners Glencore, Stellantis and Volkswagen Group’s battery unit PowerCo have agreed to back a $1 billion deal by blank-check fund ACG Acquisition Company to buy two mines in Brazil, ACG said. The deal comes as a mining M&A spread picks up, spurred in part by investors betting on the rising demand for metals needed for the global green energy transition in coming years. ACG, a London-listed special purpose acquisition company (SPAC), will buy the Santa Rita nickel sulfide and Serrote copper mines from private equity funds advised by Appian Capital, which has hired Standard Chartered and Citigroup…
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2024 Polestar 2 to start at $51,300

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Polestar’s electric fastback, the Polestar 2, delivers more power, range and content for the new model year — along with a higher sticker price. The 2024 models arrive in August. The updated Polestar 2, like its XC40 and C40 siblings from major shareholder Volvo, receives a new-generation permanent magnet electric motor and new silicon carbide inverters to help boost efficiency and performance. It also gets larger, improved lithium ion batteries. For 2024, the single-motor Polestar 2 starts at $51,300, including shipping — a 3 percent premium over the current model. The single-motor variant shifts from front- to rear-wheel drive. A…
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Nio joins Tesla in cutting prices and ends free battery swapping

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Nio has been offering the battery swapping service for free at least four times per month to existing owners. It is among only a handful of EV makers betting on battery swapping as a way to power electric cars. Rival Tesla dismissed battery swapping as “riddled with problems and not suitable for widescale use.” Nio said in February it would accelerate the expansion of its battery swapping network with a plan to build 1,000 swapping stations in China this year to bring the total number of such sites to 2,300 by year-end. The money-losing company’s investments in battery swapping stations,…
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Auto Software Firm LeddarTech Reaches Deal to Go Public Via SPAC

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(Bloomberg) — LeddarTech Inc., an automotive software company, is going public through a merger with a blank-check company led by Qualcomm Inc.’s former president. Most Read from Bloomberg The deal with Prospector Capital Corp. will give LeddarTech a pro forma equity value of $348 million, according to a statement on Tuesday that confirmed a Bloomberg News report. The transaction will provide LeddarTech with $23 million from the blank-checking company, assuming investors don’t redeem their shares, and $43 million from a private investment in public equity, or PIPE. Proceeds from the deal will be used to fund the expansion of the…
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Aviva Canada launches auto repair centers

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Aviva Canada launches auto repair centers | Insurance Business CanadaMotors & FleetsAviva Canada launches auto repair centersAdditional locations set to open by year’s endMotors & Fleets By Mika PangilinanAviva Canada has launched a new auto repair service that promises to provide customers with “a more personalized, convenient and enhanced auto repair experience.”The first Aviva AutoCare Center opened in North York, Toronto this week, with additional locations set to open in the Greater Toronto Area and Alberta by the end of the year.Aviva collaborated with preferred vendors to establish the new service. In a…
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Transparency, simplicity key to supply chain, auto execs say

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Young was joined by Jonathan Jennings, vice president of supply chain for Ford Motor Co.; Jeff Morrison, vice president of global purchasing and supply chain for General Motors; Ray Scott, president and CEO of Lear Corp.; and David Dauch, chairman and CEO of American Axle & Manufacturing. The roundtable was part of the Automotive Golf Classic, an annual event hosted by Automotive News, benefitting the Boys & Girls Clubs of Southeastern Michigan. The panel discussion, which took place at Indianwood Golf & Country Club in Orion Township, was moderated by Philip Nussel, online editor at Automotive News. The auto executives…
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Insignia Group Announces Expansion Into Automotive E-retailers

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Insignia Group has partnered with CMB Automotive Marketing to expand operations into e-retailers for the Automotive Industry. ROCKHILL, SC, June 16, 2023 /PRNewswire/ — Insignia Group, the leading developer of automotive accessory-selling software, announced today that they have partnered with CMB, a specialist marketing agency for the automotive industry.CMB’s expertise in developing effective marketing strategies, creating compelling content, and deploying successful campaigns will benefit Insignia Group as the company accelerates into automotive’s digital retailing era. By working closely with CMB, Insignia Group is confident that a wider audience of dealerships will be reached, expanding the company’s customer base through…
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