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Automobile
Cavender Auto Family enters Oklahoma with purchase of two Ford dealerships
Norman, home to the University of Oklahoma, is south of Oklahoma City, the state's capital.
Chris Teape of buy-sell firm National Business Brokers in Irvine, Calif., represented Daniels in the transaction, Stephen Cavender confirmed.…
Stellantis, Samsung SDI to build $2.5 billion EV battery plant in Indiana
The JV battery plant will be built near Stellantis engine, casting and transmission plants in Kokomo, Indiana.
In October, Stellantis said it would invest $229 million in its three Kokomo plants to produce electrified, eight-speed…
Stellantis, Samsung SDI to build new JV battery plant in Indiana, reports say
Stellantis and Samsung SDI plan to announce on Tuesday they will build a new battery plant in Indiana as the Chrysler-parent ramps up EV production plans, sources briefed on the matter told Reuters.
The companies in October announced…
Why car dealership leaders should train their replacements
Staffing and retaining personnel has long been the top concern for participants in NCM's management courses. And the situation has been exacerbated the last couple of years because of COVID-19 and the so-called "Great Resignation"…
BMW North America names new CFO, vice president of marketing
BMW North America named Raymond Wittmann to be its next CFO and Marcus Casey to become head of marketing communications, replacing a pair of executives who are taking posts with BMW in Europe.
Both appointments, announced Friday, will…
First Shift: Plante Moran's report card for automakers
• Improving supplier relations
• Hyundai's N.A. EV plant
• 'Sense the road itself'
Source link
First Shift: Plante Moran's report card for automakers
• Improving supplier relations
• Hyundai's N.A. EV plant
• 'Sense the road itself'
Source link
Piston Group to manufacture EV batteries for startup Our Next Energy
Auto supplier Piston Group said it will manufacture batteries for electric vehicles for energy storage technology startup Our Next Energy Inc., or ONE.
Piston Group said it plans to produce ONE's Aries battery packs, which utilize…
Audi of America hires Ogilvy as creative agency of record
The win gives Ogilvy a coveted luxury car account and comes as the WPP-owned agency has made notable leadership hires of late. That includes late last year naming Chris Beresford-Hill, former chief creative officer of Omnicom’s…
Rivian grapples with distribution headaches as customer complaints grow
When Jeff Wells placed a reservation for a Rivian R1T pickup in early 2019, he was one of the first in line for a truck from the Amazon-backed EV startup that at the time promised to tap in to a niche not served by other automakers.
But…