Penske Automotive once again has a dealership in its headquarters state. The group and Fox Motors bought luxury brand dealerships in Michigan from the Dahm family.
Hive, the EV ride-hail leasing company, raised $30m in funding round and plans to expand its fleet for ride-hail drivers who otherwise can’t afford the vehicles’ higher upfront costs.
The maximum cap of remaining Michigan tax credits GM could claim is $3.475 billion, according to an annual report to the Legislature.
Accidents during driverless testing are not uncommon. It was unclear what aspect of this incident prompted the suspension.
The stoppages affect output of Lexus models and the Toyota Land Cruiser as the automaker runs short of components from plants in Southeast Asia where production has been disrupted.