Mercedes-Benz Alabama factory changes CEO weeks before UAW vote
Federico Kochlowski, vice president of operations, will take over as CEO of the Mercedes U.S. assembly plant effective Wednesday.
Continental Auto Group founder Bryan Hardeman arrested on more arson charges
Bryan Hardeman, founder of Continental Automotive Group, was arrested for the second time in two months in connection with multiple suspected arson fires in Austin, Texas.
6 public auto dealership groups challenged by inflation, lower profit per vehicle
Asbury, AutoNation, Group 1, Lithia, Penske and Sonic continue turning to acquisitions or growing service and parts operations for new revenue sources.
Toyota names Jack Hollis, Chris Reynolds to new jobs under Ogawa
Toyota restructures its top North American management, splitting responsibilities between Jack Hollis and Chris Reynolds, with both reporting to CEO Ted Ogawa.
IAAPA anticipates summertime uptick at theme parks
Members of the International Association of Amusement Parks and Attractions are expecting stronger numbers at the gate this summer, the trade association announced Tuesday.
IAAPA expects a 2% increase in theme park attendance in North America and a 7% uptick in consumer spending. The trend toward family-friendly entertainment and animal-oriented attractions should boost the industry, said Jakob Wahl, president and CEO of Orlando-based IAAPA.
Visitors’ increased willingness to spend on special occasions can bolster bottom lines, Wahl said during a presentation on the Bayside Stadium stage at SeaWorld Orlando.
“We have seen is that people are willing to spend more on the parks because they want to make those days extra special,” Wahl said. “You see that we have more and more upscale premier experiences where people are willing to actually spend.”
He pointed to front-of-line privileges, fine dining and animal encounters as attractive extras.
Discovery Cove introduces Flamingo Point for mixing, mingling