Rumors of a possible Fiat Chrysler (FCA) alliance with another automaker have been circulating for the past several months. That’s understandable as FCA chairman Sergio Marchionne has iterated that his company’s best chance for long-term survival may be tied with the fortunes of another automaker. Highly-regarded Reuters is one of … Read more
Business information service IHS announced this week that it has agreed to acquire R.L. Polk & Co., an automotive analytics company, for $1.4 billion. The Polk acquisition, which includes its vehicle history service CARFAX, will be completed at an unspecified time. Polk and CARFAX The CARFAX side of Polk’s business … Read more
Zipcar is the worlds largest car sharing service, a Cambridge, Massachusetts company that was launched in 2000. Based on a popular European car sharing initiative, the first Zipcars hit the road in 2000. Zipcar vehicles are typically found around large universities and in urban areas, a business model that has … Read more