Arrival was founded in 2015 and has 800 employees, but until now has been in “stealth mode,” revealing little about its business model or plans. But this deal is a sign it has been doing something right, says Michael Harley...
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Chevy Corvette Sold for $3 Million at Auction
Chevy Corvette Sold for $3 Million at Auction
The Barrett-Jackson auction company got $3 million for the very first 2020 Chevrolet Corvette off the line at its January auction in Scottsdale, Arizona, with all proceeds going to a Detroit educational charity. The mid-engine C8 Corvette with VIN 001 gets the Z51 Performance package and the 495-hp 6.2-liter LT2 V-8, and the winning bidder was NASCAR team owner Rick Hendrick.
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When the redesigned 2019 Volkswagen Jetta begins arriving at U.S. dealerships next month, the brand's 650 dealers will be asked to do something they have little experience with: Sell what's been VW's most popular model as a value play.
BMW's i subbrand launched the i3, a full-electric city car with an ultralightweight carbon fiber frame, in 2013. BMW showed that it will continue to push the subbrand to new levels when it previewed the iNext, in September. Automotive News Europe Correspondent Christiaan Hetzner spoke with the head of the subbrand, Robert Irlinger, about BMW's electrification strategy.....
