FRANKFURT AM MAIN, Germany, Sept. 21, 2022 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) has expanded its business transformation capabilities with the appointment of Heiko Rauscher as a Senior Managing Director in the firm’s Corporate Finance & Restructuring segment in Frankfurt am Main.
Mr. Rauscher, a business transformation expert with more than 20 years of advisory experience, joins the firm from Oliver Wyman, where he was a partner. He has led complex business transformation projects for entire companies and core functions such as supply chain, production and purchasing. Mr. Rauscher specializes in the automotive and industrial sector and advises original equipment manufacturers and suppliers on international and global assignments. He lived in China for more than a decade and is fluent in Mandarin; whilst there he built and led two management consulting, including Porsche Consulting Ltd. in Shanghai.
“The automotive and manufacturing industries are facing far-reaching
Meanwhile, Ford and Hyundai Motor Group are battling for the second place in the EV horse race.
Through July, the Ford brand came in second with 27,817 registrations, powered by the Mustang Mach-E, which soared 64 percent.
The arrival of the F-150 Lightning will drive the Blue Oval’s momentum in the second half of the year.
The battery-powered pickup had 2,679 registrations as of July, Experian said.
Hyundai Motor Group represents a formidable new competitor, as it has ambitions to bring four new EVs to the US by the end of next year.
The Hyundai brand’s Ioniq 5 crossover, with 15,322 new registrations, accounted for 3.9 percent share of the US EV market through July, the last full month before its EVs we’re made ineligible for tax credits under the Inflation Reduction Act. And after just six months on the market, the Kia EV6 captured 3.5 percent share, with 13,862
“I think everybody now understands that the show is not made for the egos of the top executives of the automotive industry,” Tavares said during a virtual media roundtable during the auto show last week.
“Everybody is looking at the return on investment in a more business-oriented way, which I think is good because if we are looking for a better return on investment, it makes more sense with a more frugal and more focused way of displaying the products and technology,” he said. A lower cost of entry “means that people will come back because it makes sense to come back — compared to some old days where there was a waste of resources that led to poor return on investment that then opened the door for some people not to come because it was not, from their perspective, a good investment.”
Although just four other automakers participated in
Autozone has a Buy Here, Return Anywhere” coverage. If you buy online you may return your purchase to an Autozone store, success heart or by mail.
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Four dealership groups expanded their holdings with purchases of stores in first-, second- and third-quarter acquisitions.
Here’s a look at the deals involving import, luxury and domestic dealerships in Indiana, Hawaii, Ohio and Wyoming.
Lou Fusz buys Kia dealership in Indiana
Lou Fusz Automotive Network of St. Louis on Aug. 3 bought Duell’s Evansville Kia in Indiana from Doug Duell and Amish Patel.
The store’s new name is Lou Fusz Kia of Evansville.
With the purchase, Lou Fusz now has 12 new-car dealerships, two used-vehicle dealerships and a motorsports store, said Randy Fusz, who runs the family’s automotive operations with his four brothers and sister as a silent partner.
“We love the [new store’s] location,” he said. “It’s the first dealership off ‘dealer row’ on Division Street. There’s a bunch of brands that go down that road.”
The group in May also purchased Tri-Ford Inc. in Highland, Ill. The growth
Autozone has a Buy Here, Return Anywhere” coverage. If you buy online you may return your purchase to an Autozone store, success heart or by mail.