GM's BrightDrop electric vans to become Chevrolet models
GM’s BrightDrop electric vans will become Chevrolet models, the idea being to leverage Chevy’s larger dealership network.
Behind the scenes: A dealership transaction in New Jersey
Automotive News gets glimpses of a dealership closing in Little Silver, N.J.
Polestar posts $242M loss amid EV demand slowdown
The automaker expects the Polestar 3 and Polestar 4 will help boost sales in the second half of the year, particularly in the last few months when demand for the two premium crossovers should grow.
Recent Central Florida bankruptcies
Chapter 7
Central Florida individuals and businesses that have filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code include:
Amarillo Brick 01 LLC, 15228 Arcadia Bluff Loop, Winter Garden. Filed: Aug. 15. Assets: $100,001-$500,000. Liabilities: $100,001-$500,000. Major creditors: Not available. Creditors meeting: Oct. 2.
Cline’s Stamped Concrete Inc. doing business as Decorative Concrete, 2430 Jerry Circle, Port Orange. Filed: Aug. 16. Assets: $7,451. Liabilities: $129,414. Major creditors: Truist Loan Services, Wilson, N.C., $14,778; Truist Bank, Wilson, N.C., $14,507; Nova Fountains Business Center, Ormond Beach, $5,000. Creditors meeting: Oct. 2.
Chapter 11
Central Florida individuals and businesses that have filed for reorganization and protection from creditors under Chapter 11 of the U.S. Bankruptcy Code include:
GG Global Logistics LLC, 740 Thorpe Road, Orlando. Filed: Aug. 20. Assets: $0-$50,000. Liabilities: $100,001-$500,000. Major creditors: TAB Bank, Ogden, Utah, $112,034; Audi Finance, Libertyville, Ill., $43,200; Capital One, McLean, Va., $4,861. Creditors meeting: Sept. 16.
UF professor launches to space aboard Blue Origin New Shepard on mission for NASA
University of Florida horticulture science professor Rob Ferl on Thursday became the first NASA-sponsored customer to fly to space on board Blue Origin’s New Shepard rocket, bringing along a plantlife experiment to study the effects of spaceflight on genes.
Ferl, a researcher within UF’s Institute of Food and Agricultural Sciences, is also director of UF’s new Astraeus Space Institute. He joined five other people for what was the eighth human spaceflight of the suborbital rocket for the Jeff Bezos-founded company.
Dubbed NS-26, the capsule launched at 9:08 a.m. EDT from Blue Origin’s West Texas launch facility for its short trip to space, reaching an altitude of around 65 miles before returning for a parachute-assisted landing touching down amid the desert scrub within sight of the launch pad just over 10 minutes later.
“The ride was incredibly smooth, and I was so impressed with the ride up,” Ferl said after his return. “But being there, the darkness of space — you can’t — there’s no way to talk about it. There’s no way to talk about how impressive space is and the Earth below.”