Shyft Group CEO Daryl Adams to step down
The decision is the result of a “careful and thoughtful leadership transition process,” the company said.
Auto retail tech startup Stella Automotive AI hires new CEO
Auto industry consultant Rich Sands joins the company backed in part by Pohanka Automotive Group and Maroone USA.
EVs provide foreign automakers a second chance in India
High taxes, price-conscious consumers and tricky logistical issues have made it tough for many foreign carmakers to thrive in one of Asia’s biggest economies.
Israel carves place as automotive technology powerhouse
Israel’s strong technology and venture capital scene has turned the small nation into a global automotive industry player by focusing on sensors, chips, software and cybersecurity.
VW board to discuss $3.2B savings program, report says
The board will discuss cost-cutting measures amounting to at least 3 billion euros ($3.22 billion) across brands including VW, Seat, Skoda and Cupra.