Billy Fuccillo Sr., CEO of Fuccillo Automotive Group with stores in New York and Florida, died Thursday.
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Lordstown Motors has warned it may not be able to continue as a "going concern" if it cannot raise more money to retool its factory in Lordstown, Ohio, for high-volume production.
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Franck Louis-Victor, 48, will oversee the company's autonomous vehicle and mobility services teams as well as its Ford X incubator.
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The operations produce several popular Subaru vehicles exported to the U.S., including the Forester, Crosstrek, BRZ and WRX.
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Audi will end production of new internal combustion engine models by the end of 2026 and will focus on full-electric drivetrains, CEO Markus Duesmann told his top managers, German media reports said.
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Jerome Guillen, a former Mercedes engineer who was with Tesla since 2010, left the company on June 3.
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The companies aim to set up a gigafactory in Europe with a potential capacity to produce up to 50 gigawatt hours per year.
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The partnership will aim to produce car batteries with higher energy density than prototypes used in Porsche's electric cars.
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The American father-son that helped him flee Japan pleads guilty in a Tokyo court, just one of several legal battles still raging around the former Nissan CEO and chairman.
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Detroit's two largest automakers have been making one big-ticket reveal after another. They've also been trying to one-up each other's plans to invest billions of dollars.
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