ICYMI: FTC names the 97 dealerships and groups it warned about deceptive pricing. New-vehicle sales are expected to hold steady in May, despite economic pressure. Scout Motors to bring 1,200 jobs to new Charlotte HQ. Volvo secures U.S. approval to continue vehicle sales despite China-linked restrictions. Ferrari launches Luce, its first all-electric vehicle.
Here’s a closer look at these top stories and more headlines to stay on top of this week’s automotive industry news.
Scout Motors to bring 1,200 jobs to new Charlotte HQ
Scout Motors has chosen Charlotte, North Carolina, as the location for its new corporate headquarters, expanding the company’s footprint in the Carolinas ahead of planned vehicle production in 2027. The emerging automaker said the investment will create more than 1,200 jobs in the Charlotte region over the coming years as the company prepares to launch the Scout Traveler SUV and Scout Terra pickup. Read More…