Corporate/Finance
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Toyota halts RAV4 production in Japan after deadly explosion at supplier
The disruption should not impact the automaker’s production of the vehicle in the U.S., a company spokesperson said.
By Larry Avila • March 7, 2025 -
Audi launches transformation unit to drive growth
The new department is being led by Yvonne Bettkober, who has held leadership roles with Volkswagen, Microsoft and Amazon Web Services.
By Eric Walz • March 7, 2025 -
Trump pauses Mexico tariffs on USMCA goods until April 2
Commerce Secretary Howard Lutnick indicated the White House will soon announce that all goods compliant with the trade deal could receive the same treatment.
By Philip Neuffer • March 6, 2025 -
Toyota’s North America chief strategy officer to retire in May
Christopher Reynolds’ transition to an advisory role coincides with additional corporate C-suite changes at the automaker.
By Larry Avila • March 4, 2025 -
Trump’s trade war heats up as countries retaliate against tariffs
Mexico, Canada and China all announced they would counter the president's orders after additional duties went into effect this week.
By Philip Neuffer , Edwin Lopez , Max Garland • March 4, 2025 -
Stellantis reports 70% decline in net profits in 2024
The automaker’s turnaround plan included high-profile leadership changes for its Jeep and Dodge brands in the U.S.
By Eric Walz • Feb. 27, 2025 -
Volvo weighs increasing US production, domestic sourcing to offset tariffs
CEO Jim Rowan said the automaker can quickly ramp up capacity at its South Carolina plant.
By Larry Avila • Feb. 27, 2025 -
Canada and Mexico tariffs will take effect March 4, Trump confirms
The president will also impose an additional 10% import tax on China next week and hinted at plans to soon levy 25% duties on the European Union.
By Philip Neuffer • Feb. 27, 2025 -
Lucid CEO resigns, company seeking permanent successor
COO Marc Winterhoff will lead the EV maker on an interim basis in place of Peter Rawlinson.
By Larry Avila • Feb. 26, 2025 -
Nissan focused on finding new partnerships
With a merger with Honda off the table, the automaker is exploring options to develop new vehicles faster while also reducing costs.
By Larry Avila • Feb. 25, 2025 -
Rivian reports record-high gross profit of $170M in Q4
The company cited improvements in variable costs, higher revenue per vehicle and a reduction in fixed costs.
By Eric Walz • Feb. 25, 2025 -
CEO confidence surges to three-year high, Conference Board says
CEOs and CFOs have grown more confident despite a lack of clarity in federal regulation, trade, immigration and taxation under the Trump administration.
By Jim Tyson • Feb. 24, 2025 -
Honda exec says US tariffs could cause over a 20B yen impact
The automaker is considering shifting some vehicle production from Mexico and Canada into the U.S. to avoid costly import duties.
By Eric Walz • Updated March 3, 2025 -
A look at 2025: Where 5 major auto manufacturing projects stand
Slower EV adoption and a new Trump administration have automakers seeking greater flexibility for some of their major U.S. investments.
By Megan Ruggles • Feb. 21, 2025 -
GM confident it can mitigate tariffs
CFO Paul Jacobson believes the automaker’s experience dealing with past crises, including the pandemic, will help it find solutions.
By Larry Avila • Feb. 20, 2025 -
Forget the company car. Top earners want remote work.
Competition for the highest paying remote jobs is greatest in the business development, sales and marketing fields, a Ladders report found.
By Ginger Christ • Feb. 20, 2025 -
Honda posts positive US sales growth in Q3, but global declines impact profit
Across all of its business units, Honda reported that its revenue declined by 3.1% year over year in the first nine months of the fiscal year ending in March.
By Eric Walz • Feb. 19, 2025 -
Nissan weighing production shift to mitigate tariffs
The automaker may move some production to Japan to reduce the impact of a 25% blanket import duty, according to CEO Makoto Uchida.
By Larry Avila • Feb. 19, 2025 -
Trump says auto tariffs are coming April 2
The president suggested a 25% duty on those imports, fueling uncertainty for automakers already bracing for steel, aluminum and country-specific tariffs.
By Kelly Stroh • Updated Feb. 19, 2025 -
Trump orders reciprocal tariffs on all countries
“In other words, they charge us a tax or tariff, and we charge them the exact same tax,” the president said Thursday.
By Philip Neuffer • Updated Feb. 13, 2025 -
Honda, Nissan officially end merger talks
The two automakers said they would continue a strategic partnership focused on "the era of intelligence and electrified vehicles."
By Edwin Lopez , Larry Avila , Eric Walz • Feb. 13, 2025 -
Ford taps finance VP as new CFO
Sherry House will move into the CFO role as planned after joining the automaker in June, when she inked a $4.5 million signing bonus as part of her compensation package.
By Grace Noto • Feb. 12, 2025 -
Jack Cooper shutting down after losing automaker contracts
Ford Motor Co. and General Motors ended agreements with the vehicle carrier, according to a spokesperson for the hauler.
By David Taube • Feb. 11, 2025 -
GM weighs production shifts, sourcing reviews to mitigate tariffs
CFO Paul Jacobson said it has multiple playbooks to help offset impact of higher costs throughout its supply chain.
By Larry Avila • Feb. 7, 2025 -
Nearly 3 in 4 workers say they can only meet their basic living expenses
And just shy of 3 in 10 workers have assumed debt to cover their living expenses, Resume Now found.
By Ginger Christ • Feb. 7, 2025