WASHINGTON — The nation’s top auto safety regulator is failing to complete defect investigations and upload related documents in a timely manner, potentially limiting its ability to address “rapidly evolving and severe” risks to motorists, a government audit found. In a report released Wednesday by the US Transportation Department’s Office of Inspector General, auditors reviewed…
Category: Automotive News
Protect Your Car’s Windows and Windshield from Damage
Drivers are powerless over flying projectiles on Jacksonville roadways. We can be hit with any number of unidentifiable debris that seems to appear out of nowhere. These small projectiles can cause serious damage to your auto glass. The only defense is to pray hard and be careful. Safeguard Your Ride Windshield damage from freak accidents…
Nissan Mexico head Jose Roman appointed new global Infiniti chief
TOKYO – Struggling Infiniti is getting a new global brand chief with the appointment of Jose Roman, Nissan’s most senior executive in Mexico and Latin America. Roman, a native of Ecuador, joined Infiniti parent Nissan Motor Co. in 2012 and has more than 25 years of automotive experience in such markets as Mexico, Colombia, Brazil…
Expert Insights: The Future of Connected Vehicles and Customer Experiences
Q: What types of experiences are on the horizon that will be supported through connected or software-defined vehicles? Macleod: As digitally fueled car sales increase, vehicles are also becoming more connected. By the end of the decade, it is estimated that connected cars — cars that can communicate and share data with a variety of…
Elon Musk’s politics play to potential EV buyers in red states
Mario Natarelli, managing partner of the MBLM marketing group, doesn’t see Musk’s political shift and controversial Twitter posts as an attempt to shift from “blue” liberal customers to “red” conservative shoppers. “I don’t buy the argument that Musk is trying to pivot to red customers,” Natarelli said. “To think that he’s doing it on purpose…
Franchise Equity Partners invests $55M in Parks Automotive Group
“We remain a passive partner,” Romanoff said. “Adam and team continue to fully run operations, but we’ve provided them the intellectual and equity capital that they need to further their objectives.” Family-run Parks Automotive is the second auto retailer investment for Franchise Equity Partners, following its $70 million October investment in Georgica Auto Holdings. Shortly…
GM battery materials investment in Quebec to top $1 billion
General Motors and South Korea’s Posco Future M said they will invest more to expand the production capacity at their chemical battery materials facility in Canada, taking their estimated total investment in the plant to over US$1 billion. The companies said on June 2 the new investment in their Ultium CAM plant, expected to start…
May sales up 13%, but remain well below pre-pandemic numbers
May marked just the second month of this year in which sales were up over 2021 totals, which were higher than 2022 totals in all but November and December of last year. DAC said that historically, May was more often than not the strongest sales month of the year over the previous decade. It took…