Michelin

Michelin has bought French telematics provider Masternaut in a bid to speed up the development of its services and solutions business for light vehicles and fleets. Michelin says the acquisition will enable Masternaut to roll out its offering across Europe by taking advantage of Michelin’s geographical coverage. It is also expected to improve product performance and develop data science deployments such as predictive maintenance. Florent Menegaux, managing general partner at Michelin, says: “Mastern

Inrix is to join the Corporate Partnership Board (CPB) of the International Transport Forum (ITF) at the OECD. Created in 2013, the CPB is the ITF's platform for engaging with the private sector and enriching policy discussion with a business perspective among its 54 member countries. Inrix joins the 13 current CPB members from across the transport industry: Bombardier Transportation, China Communications Construction Company (CCCC), China Ocean Shipping Company (COSCO Group), Kapsch TrafficCom, Meridiam, M

Viajeo Plus, an EC funded FP7 international cooperation project for implementation of innovative and efficient urban mobility solutions, has organised a City Showcase in Chengdu Heritage Park, China, on 11 November. The event aims at facilitating knowledge exchange and experience sharing between China and Europe on sustainable urban mobility. It will gather technical experts, policy makers and researchers to present their achievements on sustainable urban mobility solutions, to discuss their needs and to

According to a new research report from analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in North America was four million in Q4-2013. Growing at a compound annual growth rate (CAGR) of 15.3 per cent, this number is expected to reach 8.1 million by 2018. In Latin America, the number of active fleet management systems is expected to increase from 1.9 million in Q4-2013, growing at a CAGR of 16.1 per cent to reach 3.9 million in 2018. The top t

Michelin has completed the acquisition of all outstanding shares of Brazil’s leading fleet management and freight security company, Sascar. Sascar already manages 33,000 fleets and 190,000 trucks in Brazil, and the acquisition will enable Michelin to expand its offering in the fleet management business and to speed the growth of its truck tyre business in Brazil, while providing Sascar access to major customers in South America through Michelin’s distribution network.

In a deal valued at a total of US$709 million, Michelin has announced its intention to acquire all outstanding shares of Sascar, the leading Brazilian digital fleet management and freight security company. The acquisition will enable Michelin to expand its service offering for truckers and to speed the growth of its truck tyre business in Brazil, while Sascar will gain access to Michelin’s major customers in South America. of this company, whose business model has proved its worth in Brazil (33,000 f