ABOUT THE PANELISTS FARID AHMAD Founder and Chief Executive Officer, DSMA With over 35 years of global auto industry experience, Farid is considered a genuine industry expert by dealers and OEMs alike, with his finger on the pulse of the automotive marketplace across North America. Farid is founder and CEO of DSMA, an automotive intelligence…
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Stella Automotive AI hires Rich Sands as CEO
Stella Automotive AI, a Tampa, Fla., auto retail technology startup funded in part by dealership groups Maroone USA and Pohanka Automotive Group, has hired auto industry consultant Rich Sands as its new CEO. His hiring, effective May 26 and announced Monday, comes after the company in early May announced it had closed a seed round…
Transparency, simplicity key to supply chain, auto execs say
Young was joined by Jonathan Jennings, vice president of supply chain for Ford Motor Co.; Jeff Morrison, vice president of global purchasing and supply chain for General Motors; Ray Scott, president and CEO of Lear Corp.; and David Dauch, chairman and CEO of American Axle & Manufacturing. The roundtable was part of the Automotive Golf…
Need to Fix Damage to Your Rear Windshield?
Damage to your auto glass can put you and others in your vehicle at risk. Working with a company that offers professional auto glass services is usually the best way to resolve these problems quickly and effectively. If your rear windshield has sustained damage in an accident or by flying road debris, here are some…
Millions Of Kia Cars Could Have Dangerous Airbags
View of the dashboard of a 2007 Kia Optima as it’s being driven. good morning! It’s Thursday, June 1, 2023 and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 1st Gear: Kia And ARC…
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…
Panasonic Confirms Third EV Battery Plant For The US
Japanese battery and electronic manufacturer Panasonic has confirmed it will build a third EV cell factory in the United States, according to Automotive Newsciting Panasonic Energy’s CEO Kazuo Tadanobu, who spoke at the company’s annual business strategy meeting yesterday. Currently, the Japanese electronics company operates a manufacturing facility along with Tesla at the EV maker’s…
US judge throws out lawsuit against Elon Musk over Twitter
A judge dismissed a proposed class-action lawsuit against Elon Musk that claimed he cheated Twitter shareholders several times last year in the course of buying the social media company for $44 billion. In a decision on Monday, US District Judge Charles Breyer in San Francisco said plaintiff William Heresniak lacked standing to sue because he…