The chunky two-door EV sits below the subcompact segment at just over 10 feet long. Duke Hale, an adviser to VinFast, said the VF 3 could have a sticker price of $20,000 or less.
The FTC voted 3-0 to approve an amendment to the Safeguards Rule that requires nonbanking financial institutions such as car dealerships and payday lenders to notify the agency no later than 30 days after the discovery of a security breach involving the information of at least 500 consumers.
“Cruise is doing a great job of getting in its own way,” said automated-vehicle safety expert Missy Cummings. As the company pauses its operations in the wake of suspended permits, here’s what they might do to get back on track.
Specialty vehicle manufacturer Shyft Group Inc. has found a new president and CEO in John Dunn, a veteran executive in automotive supply who takes the reins of a company mired in supply issues.
Dunn, who’s been with Shyft since the beginning of the year, was appointed to lead the company effective Thursday, according to a news release. He takes over for Daryl Adams, who had been top executive since 2014 and will serve in an advisory role for six months. He was to resign as CEO and board member once his successor was named.
Dunn joined Shyft in January as president, fleet vehicles and services, after 25 years leading auto suppliers. He was president and CEO, Americas, for Plastic Omnium for nine years, and before that worked for 16 years at Brose North America, where he rose to be president.
“I am confident in our team’s resilience and ability to deliver great products across our leading brands, increase shareholder value, and strengthen Shyft’s workplace culture,” Dunn said in the release.
One of the country’s largest private dealership groups expanded in its home state of Florida with an October purchase.