Samsara Inc.'s shares rose 8% above the initial public offering price after its debut on the New York Stock Exchange on Dec. 15.
Over 20,000 organizations use Samsara to lower fuel consumption, prevent accidents, automate manual processes, and improve product quality.
Volkswagen has announced plans to postpone an initial public offering of the company’s trucking group Traton, formerly Volkswagen Truck & Bus, due to uncertain market conditions.
Daimler AG and Beijing Automotive Group (BAIC) will deepen their strategic partnership: according to a recently signed binding agreement Daimler AG will invest a 12 percent stake in BAIC Motor.
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