The dealership management system provider promoted Chris Walsh to president and Willie Daughters to COO.
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Ford CEO Jim Farley said in an interview, before participating in the White House meeting, that he would urge Biden to retain tax credits for EVs included in the initial legislation.
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The Japan Automobile Manufacturers Association says traditional automakers expect new entrants from other industries and that the Sony represents Japan’s turn at floating a hopeful new industry player.
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The comprehensive action plan is aimed at significantly reducing serious and fatal injuries on U.S. roads and highways and is supported in part by funding and provisions in the $1 trillion bipartisan infrastructure package signed into law by President Joe Biden in November.
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As part of the push, Renault will lead development of a common centralized electrical and electronic architecture and will introduce its first "full software defined vehicle" by 2025.
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Tesla is focused on increasing capacity at four factories, and will save limited semiconductor supplies for current models.
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Tesla dominated the EV market and the overall luxury market last year, outselling BMW, Lexus and Mercedes for the U.S. luxe crown, according to Cox Automotive
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Tesla earnings rose in the fourth quarter as the world's most valuable automaker delivered a record number of vehicles despite supply chain headwinds. The EV maker posted net income of $2.3 billion.
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The automaker said it is expanding teams that electrify cars, develop vehicle software and autonomous technology and engineer fuel cells.
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Valeo said its outgoing CEO Jacques Aschenbroich, who became CEO in 2009, will continue to act as chairman of the board.
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