Rivian hires Magna Steyr executive as COO, report says
EV maker Rivian has hired a top executive from Magna as its next COO, people familiar with the matter told Bloomberg.
EV startup Electric Last Mile discloses SEC probe, warns of cash crunch
ELMS also said it’s withdrawing previous guidance and will need to raise cash to get vehicles to market.
Car dealers are optimistic, but supply crises, war spur concern, survey finds
Dealers, following a year of soaring profits but scant new-vehicle inventory, expect more of the same in 2022. But a pair of new worries are hindering some outlooks.
Mercedes gives dealers digital flexibility
Dealers will no longer be locked into working with a factory-chosen intermediary for digital marketing.
Stellantis dealer: EVs can't be rushed
“You’ve got to take it as it comes and produce a quality electric car,” New Jersey retailer Eric Nielsen said after the Stellantis make meeting.