Cox Automotive acquires Clutch Technologies, sets up Mobility Solution Group

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The acquisition further strengthens Cox Automotive capability as software platform company for emerging vehicle subscription service

Cox Automotive has acquired Clutch Technologies, a US-based firm specializing in vehicle subscription software, the company said in a press release earlier this month. Clutch’s software platform is powering vehicle subscription service of BMW, Mercedes-Benz and Porsche in the United States. The company offers its subscription service technology to vehicle suppliers, including both automakers and dealers, in 26 states across the United States.

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