VinFast Files for IPO to Fund Expansion Plans

Vietnamese EV-maker has filed for IPO to fund a manufacturing plant in North Carolina with a projected capacity of 150,000 EVs a year.
https://www.fi-magazine.com/369534/vinfast-files-for-ipo-to-fund-expansion-plans?utm_source=dlvr.it&utm_medium=blogger

Apple Steps Back Autonomous EV Launch Date

Apple Inc. has postponed the launch date for its self-driving electric vehicle to 2026, reports people with knowledge of the matter. 
https://www.fi-magazine.com/369535/apple-steps-back-autonomous-ev-launch-date?utm_source=dlvr.it&utm_medium=blogger

Light Vehicle Sales Rise in November

November’s SAAR of 14.1 million units rose 7.9% compared to November 2021 but was down 6.5% compared to October 2022.
https://www.fi-magazine.com/369536/light-vehicle-rise-in-november?utm_source=dlvr.it&utm_medium=blogger

Auto Finance Pros Progressing on Digital Adoption

E-signature and e-contracting technologies are more widespread, but digital e-vault tools for securitization and collateralization are focus for 2023
https://www.fi-magazine.com/369547/auto-finance-pros-progressing-on-digital-adoption?utm_source=dlvr.it&utm_medium=blogger

Dealerships Trade Hands in Four States

Dealerships trade hands in four states.
https://www.fi-magazine.com/369573/dealerships-trade-hands-in-four-states-1?utm_source=dlvr.it&utm_medium=blogger

U.S. Energy Department Finalizes Loan for GM Battery Venture

The U.S. Energy Department finalized a $2.5 billion loan to a joint venture of General Motors Co. and LG Energy Solution for three lithium-ion battery cell manufacturing facilities.
https://www.fi-magazine.com/369578/u-s-energy-department-finalizes-loan-for-gm-battery-venture?utm_source=dlvr.it&utm_medium=blogger

AutoNation Picks Up Mobile Repair Service

RepairSmith acquisition boosts its offerings and opens up new customer opportunities.
https://www.fi-magazine.com/369585/autonation-picks-up-mobile-repair-service?utm_source=dlvr.it&utm_medium=blogger