Dealer Headlines

Dave Marsh was promoted to global vice president of Customer Care and Aftersales at General Motors as of Feb. 1.

Nissan was in advanced talks to invest in the company, in a deal that could act as a financial lifeline for the cash-strapped EV startup, according to reports. Trading in Fisker shares was halted pending an announcement.

Contemporary Amperex Technology Co. Ltd. is working on faster charging batteries for Tesla Inc. as Elon Musk’s automaker seeks to defend its market share and roll out an electric car for under $25,000.

The Saudi PIF has a 60 percent stake in the EV maker and will be able to convert the preferred stock into about 280 million shares.

Nissan said it will launch seven “all-new” models in the U.S. and Canada over the next three years, as part of the push. And the company pledged to refresh 78 percent of its U.S. lineup in that time.

The move will allow McLaren to seek new technical partnerships and investments in electric powertrains.