Leasing, variety expand EV popularity, according to Q2 credit data
The Hyundai Ioniq 5 moved to fourth place from ninth and the Ford Mustang Mach-E moved to third from sixth.
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:
M&M Property Advisors LLC, 526 Brevard Ave., Cocoa. Filed: Aug. 28. Assets: $0-$50,000. Liabilities: $0-$50,000. Major creditors: Not available. Creditors meeting: Oct. 10.
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:
CRC Restaurant Group LLC, 5590 N. Atlantic Ave., Cocoa Beach. Filed: Aug. 28. Assets: $0-$50,000. Liabilities: $1,000,001- $10 million. Major creditors: AKF Inc. doing business as Fundkite, Fort Lauderdale, $1,443,223; Florida Department of Revenue, Melbourne, $351,019; DC Properties Acquisitions, Orlando, $82,000. Creditors meeting: Sept. 30.
Celebration Title Group LLC, 950 Celebration Blvd., Suite D, Kissimmee. Filed: Aug. 29. Assets: $1,000,001-$10 million. Liabilities: $1,000,001-$10 million. Major creditors: Kathryn Gail Douglas, Orlando, $3,000,000; U.S. Small Business Administration, Birmingham, Ala., $2,000,000; Samson MCA LLC, New York City, $751,450. Creditors meeting: Oct. 7.
SpaceX launches its 60th Space Coast mission for the year
SpaceX passed 60 launches for the year from the Space Coast early Thursday with a Falcon 9 mission taking a set of five satellites to space.
The rocket flying the BlueBird 1-5 mission launched from Cape Canaveral Space Force Station’s Space Launch Complex 40 at 4:52 a.m.
Its first-stage booster flew for the 13th time and brought a sonic boom to parts of Central Florida with a return touchdown back at Canaveral’s Landing Zone 1 eight minutes after liftoff.
The payload is the first five of a new constellation of satellites for Midland, Texas-based AST SpaceMobile, part of a space-based cellular broadband network in low-Earth orbit to be accessible by everyday smartphones for both commercial and government use.
Beta test users will be for AT&T and Verizon with an eventual coverage area across the U.S. and in select global markets.
SpaceX is honing in on breaking its 2023 record for launches from either Kennedy Space Center or Cape Canaveral. It managed 68 last year.
So far in 2024, it has flown 60 of the 64 total launches among all Space Coast launch pads, with the other four coming from United Launch Alliance.
Ford Pro CEO Ted Cannis to retire
Cannis has the commercial vehicle unit Ford created in 2021 on pace for $70 billion in revenue this year. Ford Blue CEO Andrew Frick will take over on an interim basis.
2025 VW Taos refresh gains additional power, design tweaks inside and out
The 2025 refresh is the first time VW has significantly updated the small crossover since it joined the lineup in 2021.