Wejo to go public in deal that values auto data developer at $800M, report says

The SPAC merger is expected to close in the second half of the year, the sources said. The new company will trade under the symbol "WEJO."

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4 dealerships change hands in single-store deals; Morris, Thomas buy stores

Here's a quick look at four recent dealership transactions, including one by a new dealer.

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Nissan, Stellantis plan to idle some Mexico plants in June due to chip shortage

Stellantis will shut its Toluca plant in Mexico during the week of June 7. Nissan announced three other plants to be idled in June.

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Nissan plans to idle Mexico plants in June due to chip shortage

During the first four months of this year, Nissan was Mexico's second-biggest auto assembler after General Motors.

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Stellantis said to consider battery-manufacturing investment in Italy

Decisions to develop additional battery factories in Europe and North America could be made this year.

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Geneva auto show to go ahead in 2022 with new format

The revamped event will use digital tools to bring together "virtual and physical experiences" after automakers switched product launches to internet livestreams during the pandemic.

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Some Chinese government agencies review Tesla ownership among staff

Authorities in Zhejiang and Guangxi provinces have either asked government bodies to check and report on any employees who have bought Teslas.

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