The EV maker, which is backed by Saudi Arabia’s sovereign wealth fund, is in talks with a special-purpose acquisition company run by former Citigroup executive Michael Klein, Bloomberg reported.
The show will be replaced this year by an enthusiast-focused event at a racetrack north of Detroit in Pontiac, Mich.
Ford said production will cease immediately at Camacari and Taubate engine plants in Brazil. The company’s Troller plant in Horizonte, Brazil, will continue to operate until the fourth quarter.
Rosen hotels laid off 202 employees on New Year’s Eve, ending a year that saw thousands hotel employees in Central Florida lose jobs.
The agency said the pilot version of its Automated Vehicle Transparency and Engagement for Safe Testing (AV TEST) Initiative has transitioned into a full program open to all stakeholders.