Paul Napleton and stepson Danny Randolph of Napleton Auto Group acquired five dealerships in three transactions last year to grow their partnership. Paul Napleton is the brother of Edward Napleton, CEO of Napleton Automotive Group, based in Oakbrook Terrace, Ill. Napleton and Randolph on Aug. 29 acquired Don McCue Chevrolet in St. Charles, Ill., from
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BEIJING — The Wuhan Economic Development Investment Co. plans to invest 50 billion yuan ($7.30 billion) to build an innovative automobile corridor in the city that will focus on new energy vehicles, automotive electronics, automotive chips and the automotive aftermarket. In a statement on Thursday, the state-owned company said in cooperation with several major banks
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Celebrate Women’s History Month and enjoy this free full episode of Life Size on MotorTrend’s YouTube Channel! Stream Life Size on MotorTrend+ ➡️ https://motortrend.app.link/kA0TrZ643xb #LifeSize #MotorTrend #WomensHistoryMonth MotorTrend is the ultimate streaming destination for gearheads coupled with the latest automotive research and news. Get a fast, simple, and free car quote today ➡️ https://quotes.motortrend.com Start
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7:32 AM ET Toto Wolff thinks Mercedes has missed the straightforward approach of former non-executive chairman Niki Lauda, especially during the struggles of the last year and a half. Three-time champion Lauda was an integral part of the dominant Mercedes team up until his death in 2019. Lauda was frequently at races in that role
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Used-vehicle retailer Canada Drives has filed for and been granted creditor protection as the company seeks to restructure its business and abandon online sales amid escalating inventory costs and weakening used-vehicle prices. The Vancouver-based company said March 21 that its business model, based on a fully online purchasing and trade-in experience, has proved popular among
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SHANGHAI – Chinese battery giant CATL plans to start this year the mass production and delivery of batteries based on a new materials technology, M3P, which will perform better and cost less than nickel and cobalt-based batteries, the major supplier’s chairman said. M3P batteries will have greater energy density and perform better than lithium ion
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In this article LAZR LAZR Follow your favorite stocksCREATE FREE ACCOUNT A Mercedes-Benz van retrofitted with different types of lidar systems, including Luminar’s Iris, to showcase the differences in the technologies. Michael Wayland / CNBC Lidar maker Luminar Technologies, stung by a recent Wall Street downgrade, is responding in an unusual way: taking its case
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9:45 AM ET McLaren have announced the departure of technical director James Key as part of a design team overhaul that will see the leadership of its technical department split between three people. The news follows a disappointing start to McLaren’s 2023 campaign, with the team failing to score a point in the opening two
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