Corporate/Finance


  • 2025 Toyota RAV4 on road
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    Provided by Toyota Motor Co. 

     

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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 March 7, 2025
  • A white Audi Q4 40 e-tron electric SUV parked next to a charger with concrete building facade in the background.
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    Courtesy of Audi AG
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    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 March 7, 2025
  • President Donald Trump addresses a joint session of Congress on March 4, 2025, in Washington, D.C.
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    Andrew Harnik via Getty Images
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    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 camry 2025
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    Provided by Toyota Motor Corp. 

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    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 March 4, 2025
  • President Donald Trump addresses reporters during a press briefing at the White House on March 3, 2025.
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    Andrew Harnik via Getty Images
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    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 , , Max Garland • March 4, 2025
  • A white 2024 2024 Jeep Grand Wagoneer L parked in front of a house.
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    Courtesy of Stellantis
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    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 Feb. 27, 2025
  • Volvo EX90 EV SUV South Carolina
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    Photo provided by Volvo Cars

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    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 Feb. 27, 2025
  • President Donald Trump speaks during a cabinet meeting at the White House on Feb. 26, 2025.
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    Andrew Harnik via Getty Images
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    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 Group Gravity SUV
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    Photo provided by Lucid Group

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    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 Feb. 26, 2025
  • Nissan Makoto Uchida president ceo
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    Tomohiro Ohsumi via Getty Images
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    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 Feb. 25, 2025
  • A white Rivvian R2 SUV parked outside under a tree with greenery in the background.
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    Courtesy of Rivian
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    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 Feb. 25, 2025
  • Wall Street Bull
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    Spencer Platt via Getty Images
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    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
  • Two workers inspect a 2023 red Honda Accord at the automaker's Marysville Auto Plant in Ohio.
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    Courtesy of Honda Motor Co.
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    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 Updated March 3, 2025
  • Executive Chair of Hyundai Motor Group Euisun Chung
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    Photo provided by Hyundai Motor Group

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    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 General Motors CFO Paul Jacobson
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    Provided by General Motors

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    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 Feb. 20, 2025
  • Vehicles crowd a five-lane highway in Los Angeles.
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    Mario Tama via Getty Images
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    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
  • A blue 2023 Honda Pilot TrailSport SUV on a dirt road with hills in the background.
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    Courtesy of American Honda Motor Co.
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    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 Feb. 19, 2025
  • Nissan Sentra 2025 traveling on road
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    Provided by Nissan Motor Co. 

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    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 Feb. 19, 2025
  • President Donald Trump tours Drake Enterprises, an automotive parts manufacturer on Sept. 27, 2023 in Clinton Township, Michigan.
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    Scott Olson via Getty Images
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    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 Updated Feb. 19, 2025
  • President Donald Trump in the Oval Office
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    Andrew Harnik via Getty Images
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    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 Mitsubishi execs merger
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    Provided by Honda Motor Co. 

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    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 , , Feb. 13, 2025
  • Ford CEO Jim Farley standing between two Ford models in Detroit, Michigan on Jan. 9, 2025
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    Bill Pugliano via Getty Images
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    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
  • A Jack Cooper Transport truck delivers a load of new Chevrolets and Buicks to a dealership in the sun in Newport Beach, California, in 2018.
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    TennesseePhotographer via Getty Images
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    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
  • Chevrolet Equinox EV 2024 on street
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    Provided by General Motors. 

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    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 Feb. 7, 2025
  • Close-up Of Businessman Calculating With Calculator Unpaid Bills
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    Getty Images via Getty Images
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    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