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CEO Carlos Tavares said Stellantis would stick to its "asset light" strategy in China, mainly focused on exporting to the country rather than manufacturing there.
A New England dealership group shares its used cars among its stores and can deploy employees to shuttle them to potential buyers at stores within its network.
"We think the news takes a potentially disastrous scenario off the table, in which Musk could have potentially left Tesla and opted to dedicate more time to his other (non-public) companies," CFRA Research said.
A highlight of the two-day event was the 14th annual Automotive News Europe Rising Stars dinner honoring 20 young, talented executives from companies such as Volkswagen, Mercedes, BMW, Lotus and Continental.
TikTok videos targeted 2011-21 Hyundai and Kia models that didn't have engine immobilizers.
Tony Roma, chief engineer of the electric Cadillac Celestiq ultraluxury sedan, will take over July 1 as executive chief engineer for GM's new global Corvette and performance cars team, succeeding the retiring Tadge Juechter.
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