Corporate/Finance
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Provided by Subaru of America
Subaru of America names chairman and CEO
Company veteran Yoichi Hori will oversee the automaker’s U.S. business operations.
By Larry Avila • June 5, 2025 -
Kevin Dietsch via Getty Images
Tesla CFO offloads over $2M in stock as EU sales tumble
The stock sales come as Tesla’s European sales declined by 53% in April compared to the previous year.
By Grace Noto • June 5, 2025 -
Provided by Ford Motor Co.
Ford names chief accounting officer
Kyle Crockett will succeed Mark Kosman who is moving into a new position within the automaker's finance division.
By Kalena Thomhave • June 4, 2025 -
Courtesy of Toyota Motor North America
Toyota Motor North America names chief compliance officer
Dawn Pittman Collins will take over for Jacqueline Thomas who is retiring after more than two decades with the automaker.
By Larry Avila • June 4, 2025 -
Scott Olson via Getty Images
Consumers sustain interest in EVs but range anxiety still a concern
Vehicle shoppers remain worried about EV charging station availability but uncertainty about the cost of EVs has declined, according to J.D. Power.
By Larry Avila • June 2, 2025 -
Photo provided by Mercedes-Benz
Mercedes-Benz moving key corporate operations to metro Atlanta
The automaker will close a Michigan office and centralize most of its financial and technical teams in the southeastern U.S.
By Larry Avila • May 30, 2025 -
US court blocks Trump’s sweeping tariffs
Despite the ruling, tariffs on automobiles, auto parts, steel and aluminum products will remain in place.
By Edwin Lopez • Updated May 29, 2025 -
Retrived from Rivian
Rivian secures $1B infusion from VW after meeting Q2 profit goal
Volkswagen Group’s investment will help the EV maker continue production, even as the company works to mitigate the impact of tariffs.
By Larry Avila • May 29, 2025 -
Photo provided by Volvo Cars
Volvo Cars slashing 3K jobs globally
The move is part of a $1.8 billion cost-cutting strategy and will eliminate roughly 15% of the automaker’s workforce.
By Larry Avila • May 29, 2025 -
Dan Kitwood via Getty Images
College grads say they are confident about jobs but cautious about economy
Employers that offer flexibility, purpose and growth pathways will attract and retain the next generation of top talent, a CareerBuilder + Monster executive said.
By Carolyn Crist • May 29, 2025 -
Provided by Stellantis
Stellantis names Antonio Filosa as global CEO
The parent of the Jeep, Dodge and Chrysler brands has picked a company veteran to lead its turnaround.
By Larry Avila • May 28, 2025 -
Colin Campbell/Automotive Dive
Employees are walking on eggshells in 2025, report finds
Workers may be staying put because they’re anxious about job security, according to BambooHR.
By Laurel Kalser • May 28, 2025 -
Courtesy of General Motors
GM to invest $888M in New York to produce next-gen V8 engine
The automaker will use the funds to install new machinery, equipment, tools and facility renovations at its Tonawanda Propulsion plant.
By Eric Walz • May 28, 2025 -
Provided by Subaru
Subaru weighs options to curtail a potential $2.5B tariff hit
The automaker’s Indiana plant, which now makes around 350,000 vehicles a year, has capacity to ramp up production, a company spokesperson said.
By Larry Avila • May 22, 2025 -
Provided by BMW Group
BMW hits milestone of 7M BMWs built in the US
The automaker is investing $1.7 billion for EV production in the country.
By Kalena Thomhave • May 22, 2025 -
Retrived from Rivian
Commerce asks automakers for supply chain data for tariff evaluations
The federal agency will require submissions of information such as declared customs value of imports and country of final assembly for carmakers to qualify for reduced duty rates.
By Kelly Stroh • May 21, 2025 -
Provided by Volvo Cars
Volvo may build a new plug-in hybrid in South Carolina
The automaker’s CEO says the current production of two models in South Carolina “will not be enough to fill the factory.”
By Larry Avila • May 21, 2025 -
Courtesy of Honda Motor Co.
Honda reducing EV investments by $21B, shifting focus to hybrids, ADAS tech
The automaker cited several factors for its decision, including slower than expected EV adoption, trade policies and relaxed environmental regulations in the U.S.
By Eric Walz • May 20, 2025 -
Jon Cherry / Stringer via Getty Images
Employers should be mindful of the mid-life development crisis, report warns
Organizations could be overlooking middle-aged workers’ career growth aspirations, creating a development vacuum, Perceptyx said.
By Kathryn Moody • May 20, 2025 -
Provided by Stellantis
Stellantis opens automated parts distribution center in New York’s Hudson Valley
The company said the new facility’s technology will speed order completion and delivery times in the region.
By Kalena Thomhave • May 19, 2025 -
Maksym Kapliuk via Getty Images
Inflation expected to surge to 7.3% in a year, fueled by tariff worry
Consumer sentiment has slumped this year even as recent “hard data” reveal stable prices and robust hiring.
By Jim Tyson • May 19, 2025 -
Provided by General Motors
GM names Aurora Innovation co-founder as chief product officer
Sterling Anderson will manage product lifecycles for the automaker's gas vehicles and EVs, effective June 2.
By Larry Avila • May 16, 2025 -
Brandon Bell via Getty Images
Employers say their benefits are modern. Employees don’t agree, study finds.
“The workplace is at a tipping point,” with a lot at stake for employers, said Michael Estep, president of Prudential Group Insurance.
By Ginger Christ • May 16, 2025 -
Courtesy of Honda Canada Inc.
Honda postpones $11B EV production investment in Canada
The automaker is delaying the plan by at least two years while seeking increased production in the U.S. for multiple models to avoid tariffs.
By Eric Walz • May 14, 2025 -
Provided by Nissan Motor Co.
Nissan maneuvers to soften $3B hit from tariffs
The automaker says mitigation strategies, including collaborating with suppliers, will lessen the impact of U.S. duties by 30%.
By Larry Avila • May 14, 2025
