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Fiat Chrysler Automobiles has retracted its offer to merge with Renault a week after submitting the offer because Nissan declined to support it, according to reports.
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Woodbine Manufacturing Company announced the launch of Anteo USA, a medium- to heavy-duty liftgate line, now available for purchase and supported throughout North America.
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Meritor, Inc. has entered into an agreement with an affiliate of The Carlyle Group, under which Meritor will acquire AxleTech for approximately $175 million in cash.
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CalAmp has acquired Synovia Solutions from a private investment firm for $50 million as the Irvine, Calif.-based telematics hardware provider continues to expand into subscription services.
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Big Tex Trailer World, a professional grade trailer retailer, announced the acquisition of Truckfitters, a provider of truck upfitting products and service in Texas.
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Bridgestone Europe, a subsidiary of Bridgestone Corp., has completed its acquisition of TomTom Telematics for approximately $1 billion.
Read More →Icahn Automotive Group, which owns and operates leading auto repair and maintenance providers Pep Boys, AAMCO, and Precision Tune Auto Care, has completed its acquisition of RPM Automotive.
Read More →E-ZOIL, manufacturer of performance-enhancing fuel additives and cleaning solutions, acquired Tonawanda-based Emulso International Corporation, a manufacturer of industrial cleaning supplies.
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Omnitracs has acquired cloud-based software provider Blue Dot Solutions and plans to incorporate its platform and products into the Omnitracs One telematics platform.
Read More →GPS Trackit, provider of fleet management software solutions, announced the acquisition of TSO Mobile, InTouch GPS, and Fleet Trax.
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