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General Motors Announces New Commercial Growth Strategies and Operations Organization and Leadership Changes at Chevrolet and GM Canada

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Steve Hill to lead new Commercial Growth Strategies and Operations cross-brand organization Scott Bell is appointed vice president of Global Chevrolet Marissa West is appointed president and managing director of GM Canada DETROIT, MARCH 28, 2022 — General Motors today announced the creation of a new organization — Commercial Growth Strategies and Operations — under […]

Stellantis and LG Energy Solution to Invest Over $5 Billion CAD in Joint Venture for First Large Scale Lithium-Ion Battery Production Plant in Canada

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Joint venture company to become first large scale, domestic, electric vehicle battery manufacturing facility in Canada Facility to have an annual production capacity in excess of 45 gigawatt hours Plant targeted to be operational in 2024 and create an estimated 2,500 new jobs Ontario, Canada, March 23, 2022 – Stellantis N.V. and LG Energy Solution […]

Penske Automotive Group Acquires Team Truck Centres in Ontario, Canada

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Represents $150 Million in Annualized Revenues BLOOMFIELD HILLS, Mich., Feb. 28, 2022 /PRNewswire/ — Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world’s premier automotive and commercial truck retailers, today announced that it has acquired TEAM Truck Centres (“TEAM”), a retailer of medium and heavy-duty Freightliner and […]