Ford has three plants in Mexico. It exported just under 196,000 cars to North America in the first half of 2024, with 90% going to the U.S., according to Mexico’s AMIA. The United States’ proposed tariffs on Canada and Mexico will take effect on Tuesday, but President Donald Trump will determine whether they would be… Continue reading Which car companies are in firing line of Trump’s tariffs on Mexico, Canada?
Tag: M and A
GaragePlug Acquires AI Platform Freshreview
GaragePlug, an automotive service digitalization company, has acquired Freshreview, an AI-based reputation and review management platform, for an undisclosed amount. The acquisition was announced on March 3, 2025, in Bangalore. The deal integrates Freshreview’s AI-powered review management capabilities into GaragePlug’s Connected Operations Platform, allowing automotive service centers to manage operations, marketing, and reputation in one… Continue reading GaragePlug Acquires AI Platform Freshreview
Autocar Professional’s Mar 1, 2025 Edition is out!
Traditionally reliant on organic growth, Indian automotive suppliers are now aggressively scaling up, adopting new technologies, and expanding globally to remain competitive in a rapidly evolving market. This edition brings you the full picture. Leading players like Anand Group, Minda Corp, and Lumax Autotech are embracing M&A as a strategic necessity rather than an option.… Continue reading Autocar Professional’s Mar 1, 2025 Edition is out!
ASK Automotive Signs Agreement with Japanese Firm for Two-Wheeler Alloy Wheels
ASK Automotive Ltd has entered into a Technical Assistance and License Agreement with Japan’s Kyushu Yanagawa Seiki Co., Ltd. (KYSK) for the production of high-pressure die-cast alloy wheels for two-wheelers, the company announced today in a stock exchange filing. The agreement will allow ASK Automotive to manufacture alloy wheels using KYSK’s technical know-how and expertise… Continue reading ASK Automotive Signs Agreement with Japanese Firm for Two-Wheeler Alloy Wheels
Ola Electric Implements Job Cuts Amid Cost Reduction Efforts – Report
According to a report by Bloomberg, Ola Electric Mobility is laying off over 1,000 employees and contract workers as part of efforts to control increasing losses. The job cuts span multiple departments, including procurement, fulfilment, customer relations, and charging infrastructure. The report highlights that this is the second round of layoffs in under five… Continue reading Ola Electric Implements Job Cuts Amid Cost Reduction Efforts – Report
Mill Creek Residential Named 2024 Best Multifamily Development Firm of the Year by NAHB
Company Recognized for Market Expansion, Innovation and Industry Leadership BOCA RATON, Fla., March 3, 2025 /PRNewswire/ — Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced it has been named the Best Multifamily Development Firm of the Year for 2024 by the National Association of… Continue reading Mill Creek Residential Named 2024 Best Multifamily Development Firm of the Year by NAHB
Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.32 per Common Share for 1Q25, for an Aggregate $5.24 per Common Share for the 12 Months Ending March 31, 2025, an Increase of 22 Cents, or 4 Percent, Over the 12 Months Ended March 31, 2024
PASADENA, Calif., March 3, 2025 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced that its Board of Directors declared a quarterly cash dividend of $1.32 per common share for the first quarter of 2025. The dividend is payable on April 15, 2025 to stockholders of record on March 31, 2025. The common… Continue reading Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.32 per Common Share for 1Q25, for an Aggregate $5.24 per Common Share for the 12 Months Ending March 31, 2025, an Increase of 22 Cents, or 4 Percent, Over the 12 Months Ended March 31, 2024
Fiserv Completes Acquisition of Payfare
TORONTO, March 3, 2025 /PRNewswire/ – Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY) (OTCQX: PYFRF) today announced that 1517452 B.C. Ltd. (the “Purchaser”), an affiliate of Fiserv, Inc. (“Fiserv”) (NYSE: FI) has completed its previously announced acquisition of Payfare pursuant to a plan of arrangement under the British Columbia Business Corporations Act (the “Arrangement”).… Continue reading Fiserv Completes Acquisition of Payfare
Marengo Therapeutics Announces Second Drug Candidate Nomination from Strategic Collaboration with Ipsen
Second licensed program created with Marengo’s proprietary STAR precision T cell activation platform advances to IND-enabling phase CAMBRIDGE, Mass., March 3, 2025 /PRNewswire/ — Marengo Therapeutics, Inc., a clinical-stage biotechnology company pioneering novel approaches for precision immunotherapy in oncology and autoimmune diseases, today announced that Ipsen (Euronext: IPN; ADR: IPSEY) has nominated a second drug… Continue reading Marengo Therapeutics Announces Second Drug Candidate Nomination from Strategic Collaboration with Ipsen
NewVue.ai and RamSoft Announce Strategic Partnership to Deliver Next-Generation Radiology Workflow Orchestration
LAS VEGAS, March 3, 2025 /PRNewswire/ – NewVue.ai, a leader in AI-driven radiology workflow orchestration, and RamSoft®, a global provider of cloud-based imaging and RIS/PACS solutions, today announced a strategic reseller partnership. RamSoft will integrate and offer NewVue.ai’s EmpowerSuite, which includes the Intelligent Worklist and Radiologist Cockpit, to its PowerServer™ and OmegaAI® RIS/PACS customers, helping… Continue reading NewVue.ai and RamSoft Announce Strategic Partnership to Deliver Next-Generation Radiology Workflow Orchestration