Subscribe
Retail

Several dealers among investors in new mobility fund that reached $15 million goal

Automotive Ventures logo.
At least 18 dealer principals invested in the new fund, formally known as Automotive Ventures Mobility Fund II. Meetings with potential investors will continue in the coming weeks, which could put the fund well above its initial goal. (AUTOMOTIVE VENTURES)
MH
By:
Mark Hollmer
March 14, 2025 03:16 PM

Automotive Ventures reached its $15 million goal for a new startup investment fund focused on mobility technology and other sectors.

Featured Stories

Ford stockpiling parts, tells suppliers to keep shipping amid tariffs
Ford stockpiling parts, tells suppliers to keep shipping amid tariffs
10 federal policies that shaped the modern auto industry
10 federal policies that shaped the modern auto industry
From the Newsroom: Nissan’s leadership shake-up
From the Newsroom: Nissan’s leadership shake-up
In our opinion: Shareholders see Musk’s MAGA tilt leaving Tesla out
In our opinion: Shareholders see Musk’s MAGA tilt leaving Tesla out

Latest News

Mazda wins most awards on 2025 IIHS safety ranking
FTC loses one means of saving CARS Rule after U.S. appeals court rehearing deadline passes
Daily 5 report for March 14: For European automakers, the only certainty is tariff uncertainty
Live updates on tariffs: Ford stockpiles parts, tells suppliers to keep shipping
Staying current is easy with newsletters delivered straight to your inbox.

See More in Retail

Several dealers among investors in new mobility fund that reached $15 million goal
Florida dealership awarded $3.3 million in suit against Hyundai
FTC: Nearly $1 million in refunds tied to settlement with Vroom going out to customers
Daily 5 report for March 13: J.D. Power study suggests happy dealers make for happy customers
Staying current is easy with newsletters delivered straight to your inbox.