Business
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Cosmo_Dragon
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AI Crowns Top Finance Firms of 2026

David Wright Named 2026 TIME Dealer of the Year

LAS VEGAS, Feb. 5, 2026 – David Wright, president of Dave Wright Nissan Subaru in Hiawatha, Iowa, was named the 2026 TIME Dealer of the Year at the 109th National Automotive Dealers Association (NADA) Show. The award, now in its 57th year, recognizes industry accomplishments and dedication to community service.

Wright was selected for his leadership in the automotive industry and his commitment to community service, according to TIME. He has cultivated a culture focused on people and community impact, earning recognition from Automotive News as one of the "Best Dealerships to Work For" 12 times.

In other news, the European electric vehicle (EV) market experienced a 29% sales increase, capturing 19.5% of the market share, according to multiple sources. While overall vehicle sales saw a smaller rise, Volkswagen surpassed Tesla in EV sales for the first time. Tesla's Model Y remains Europe's most-registered car. Volvo's EX30 faced sales declines due to recalls and production shifts.

Meanwhile, Fundamental, a San Francisco-based AI firm founded by DeepMind alumni, launched NEXUS, a Large Tabular Model (LTM), with $255 million in funding. According to VentureBeat, NEXUS is designed to address the deep learning blind spot in understanding structured, relational business data. Unlike existing Large Language Models (LLMs), NEXUS treats business data as a complex web of relationships to improve business outcome forecasting.

TIME also published its first edition of "America’s Best Financial Services" list in partnership with Statista. The list aims to guide consumers by highlighting financial services providers in the U.S. across ten key product categories, from banking and loans to investments and payment solutions. The study is based on multi-dimension provider ratings from a nationwide survey, reflecting consumer experience and provider performance. Statista collected data from October 2025 to December 2025 via an online access panel with over 20,000 consumers in the U.S. participating.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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