Latest Automotive Sector News

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AMA Group has locked in a $110 million debt facility from two major Australian banks, improving funding costs and enabling strategic expansion in the collision repair sector.
Victor Sage
Victor Sage
17 Feb 2025
Infomedia Ltd has agreed to acquire a 50% stake in European AI startup Intellegam GmbH for €6.1 million, marking a strategic leap to integrate cutting-edge generative AI into its automotive data solutions. The deal sets a clear path to full ownership within five years, underpinning Infomedia’s innovation-driven growth agenda.
Sophie Babbage
Sophie Babbage
14 Feb 2025
Connexion Mobility Limited reported a robust 15% revenue increase and a 43% jump in profit after tax for the half-year ended December 2024, underscoring its growing foothold in automotive SaaS solutions while continuing to invest in future growth.
Sophie Babbage
Sophie Babbage
31 Jan 2025