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Cox Automotive buys Clutch Technologies

Cox Automotive Inc. acquired Clutch Technologies LLC, a technology platform powering subscription access for the automotive industry, for an undisclosed sum.

The company also set up a new business division called Mobility Solutions Group. The new business division, focused in part on mobility as a service, will include Clutch Technologies, the company said Aug. 13.

The company tapped Joe George to lead Cox Automotive Mobility Solutions Group as president.

Cox Automotive is a unit of Cox Enterprises Inc.