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Nutson’s Weekly Auto News Wrap-up March 13-19, 2022


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AUTO CENTRAL CHICAGO – March 20, 2022; Every Sunday Larry Nutson, The Chicago Car Guy and Executive Producer, with able assistance from senior editor Thom Cannell from The Auto Channel Michigan Bureau, compile The Auto Channel’s “take” on this past week’s automotive news, condensed into easy to digest news Nuggets.

LEARN MORE: Full versions of today’s news nuggets along with thousands of pages of relevant news and opinions, information stored in a million-page library published and indexed on The Auto Channel during the past 25 years. Complete information can be found by copying a bold headline and then inserting into any Site Search Box.

Nutson’s Automotive News Wrap-up – Week Ending March 19, 2022 Below are the past week’s important, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as
expertly crafted easy-to-understand automotive universe news nuggets.

* There are various conversations being had in the political

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Charleston-based Hudson Auto Group grows to 39 dealerships after buying Summerville Ford

A Charleston-based automobile dealer can now count 39 stores in its growing footprint across the Southeast and Midwest.

Hudson Automotive Group recently bought the franchise for Summerville Ford at 9700 Dorchester Road in North Charleston. Financial terms were not disclosed.

The previous owner was Mitchell Family Office of Birmingham, Mich., which has exited the car dealership business to concentrate on its health care holdings, according to Haig Partners LLC, an auto broker in Fort Lauderdale, Fla.


Mount Pleasant restaurant owners buy pizzeria franchise in N. Charleston; new cafes coming

“We made the decision to sell the Summerville Ford store to allow us to completely focus on the family’s core business opportunities in health care,” said Mark Mitchell, owner of Mitchell Family Office.

Earlier this year, the Michigan firm sold its Toyota of Bristol dealership in Tennessee to Springhill Automotive Group of Mobile, Ala.

Hudson Automotive CEO David Hudson said the Summerville Ford acquisition “aligns well” with his group’s principals of service and

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MULN Stock: Best of Luck to Mullen Auto, Farewell Now to the Stock

Mullen Automotive Inc. (NASDAQ:MULN) stock is “a Southern California-based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions.”

A photo of an electric car with the charger plugged in.

Source: Nick Starichenko/InvestorPlace.com

It is also an emerging electric vehicle (EV) maker. And it is a speculative stock, a penny stock that just found a clever way to avoid a massive risk — the risk of getting delisted from Nasdaq.

In a world that evolves so fast and news in the stock market is so abundant, it is important to remind you that back on Aug. 31, 2021, Net Element, Inc. merged with Mullen Automotive.

Net Element operated “a payments-as-a-service transactional and value-added services platform for small and medium enterprises (“SMEs”) in the U.S. and selected emerging markets.”

On top of that, Net Element was using blockchain technology solutions and back in 2017 was among the

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Nutson’s Weekly Auto News Wrap-up March -March 6-12, 2022


PHOTO


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AUTO CENTRAL CHICAGO – March 13, 2022; Every Sunday Larry Nutson, The Chicago Car Guy and Executive Producer, with able assistance from senior editor Thom Cannell from The Auto Channel Michigan Bureau, compile The Auto Channel’s “take” on this past week’s automotive news, condensed into easy to digest news Nuggets.

LEARN MORE: Full versions of today’s news nuggets along with thousands of pages of relevant news and opinions, information stored in a million-page library published and indexed on The Auto Channel during the past 25 years. Complete information can be found by copying a bold headline and then inserting into any Site Search Box.

Nutson’s Automotive News Wrap-up – Week Ending February 26, 2022 Below are the past week’s important, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as
expertly crafted easy-to-understand automotive universe news nuggets.

* According to the J.D. Power 2022 U.S. Customer Service

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