Hyundai Motor America marketing exec Angela Zepeda exits after losing CMO title
The company promoted Sean Gilpin into the role less than a month after giving him some of Zepeda’s duties related to performance marketing.
GM captive finance company withdraws application to create a bank
The captive finance arm of General Motors applied to charter a type of bank called an Industrial Loan Company in late 2020.
Guest commentary: 6 tips for dealers in a still-volatile market
What should dealers be doing to navigate these strange and challenging times?
Mormon church seeks to annex 52,450 acres of ranchland to Orlando
The owner of Central Florida’s Deseret Ranches, an undeveloped frontier so vast that its horizons appear to follow the earth’s curve, announced Monday its intentions to partner with the city of Orlando for urban growth across a staggering amount of ranchland in coming decades.
The Church of Jesus Christ of Latter-day Saints, through its subsidiaries Farmland Reserve and Deseret Ranches, confirmed that it has filed an application with Orlando to voluntarily annex into the city limits 52,450 acres now under the land-use jurisdiction of Orange County government.
That amount of wet and wild ranchland property, for comparison, is eight times as large as the city of Winter Park, and is still virtually untouched by pavement, rooftops or even people. The annexation would increase the footprint of Orlando by nearly 60 percent.
The Deseret announcement blames a history of failed collaboration with Orange County in working toward a development planning framework like the two previous initiatives it has undertaken in Osceola County that now provide a blueprint for growth across nearly half of the ranch’s 300,000 acres.
Canada to slap tariffs on EVs, steel from China
Canada, an export-driven economy that relies heavily on trade with the U.S., has been closely watching moves by the Biden administration to erect a much higher tariff wall against Chinese EVs, batteries, solar cells, steel and other products.