Corporate/Finance


  • Close-up of water glasses and portfolios on a long desk with a row of empty chairs.
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    Sophie_James via Getty Images
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    CHROs can be more critical than CEO in succession planning, report finds

    Chief human resource officers can lead a successful process when trusted by the board and C-suite, but without it, CEO succession planning can face major challenges.

    By Carolyn Crist • July 16, 2025
  • Mercedes-Benz Sprinter van
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    Provided by Mercedes-Benz USA

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    Mercedes-Benz Vans names North American sales leader

    Jee-Seop Kim will take over Sept. 1 for Heike Scheuble, who is retiring after four decades with the automaker. 

    By July 15, 2025
  • Unsold Tesla cybertrucks sit in the parking lot in a Michigan mall on June 2, 2025
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    Gregory Shamus via Getty Images
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    Tesla CFO offloads another $1.7M in stock

    After a 14% decline in vehicle deliveries in Q2, the electric automaker is facing rising pressure from its shareholders.

    By Grace Noto • July 15, 2025
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    Provided by Nissan Motor Co. 

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    Nissan names VP of US sales and regional operations

    Arcangelo Lofaro, a 20-year veteran of the company, began his new role on July 1.

    By July 14, 2025
  • U.S. President Donald Trump speaks next to Canada Prime Minister Mark Carney during the G7 Leaders' Summit on June 16, 2025 in Kananaskis, Alberta.
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    Chip Somodevilla via Getty Images
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    US plans 35% tariffs on Canada imports

    President Donald Trump said the duties will take effect Aug. 1 while decrying the country’s retaliatory levies to U.S. tariffs. 

    By Philip Neuffer • July 11, 2025
  • Copper goods are displayed.
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    Spencer Platt via Getty Images
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    US to levy 50% copper tariffs Aug. 1

    President Donald Trump made the announcement days after indicating duties were coming soon for copper and pharmaceutical imports.

    By Philip Neuffer • July 10, 2025
  • BMW vehicles
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    Provided by BMW Group 

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    BMW of North America names VP of marketing

    Leigh Moynihan joins the automaker after serving in a similar role at Volvo Car USA for nearly 8 years.

    By July 10, 2025
  • Tim Kuniskis Ram CEO American brands Stellantis
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    Provided by Stellantis  

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    Stellantis taps Ram CEO as new head of its American brands

    Among his new roles, Tim Kuniskis will oversee the revival of the automaker’s storied SRT performance division.

    By July 8, 2025
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    3alexd via Getty Images
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    Auto trade groups praise passage of ‘One Big Beautiful Bill’

    Several associations hailed the extension of certain 2017 tax provisions, though some mourned the phase-out of key provisions for electric vehicles.

    By Updated July 8, 2025
  • Continental Tire NXT promo photo
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    Provided by Continental

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    Continental continues push to focus solely on tires

    The automotive supplier confirmed it will sell its ContiTech business division as it further streamlines its operations.

    By Kalena Thomhave • July 2, 2025
  • FedEx jets sit at the company's facility at O'Hare International Airport on September 19, 2014 in Chicago, Illinois.
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    Scott Olson/Getty Images via Getty Images
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    FedEx establishes automotive vertical in B2B shipping push

    The logistics giant aims to capture more premium volume in the North American auto market, Chief Customer Officer Brie Carere said.

    By Max Garland • July 2, 2025
  • Insurance Institute for Highway Safety seat belt IIHS
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    itsarasak thithuekthak via Getty Images
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    Auto insurance customer satisfaction in need of improvement: JD Power

    After years of rate increases, auto insurers should focus on customer retention.

    By Kalena Thomhave • June 30, 2025
  • Antiono Filosa Stellantis CEO Jeep
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    Provided by Stellantis 

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    Stellantis CEO’s new leadership team features both tenured and fresh faces

    Antonio Filosa is surrounding himself with 16 executives he says bring an entrepreneurial spirit and profound understanding of the company's brands.

    By Kalena Thomhave • June 27, 2025
  • The words Federal Reserve engraved in a marble building with an eagle above.
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    Douglas Rissing via Getty Images
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    Fed on hold to see if tariff-induced inflation persists, Powell says

    “A majority of my committee has said that they do expect to cut rates between now and the end of the year,” Federal Reserve Chair Jerome Powell said.

    By Jim Tyson • June 26, 2025
  • A white Polestar 3 long-range electric SUV parked outdoors with mountains in the background.
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    Courtesy of Polestar
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    EV maker Polestar secures $200M equity investment

    The funding comes from existing investor PSD Investment, which is controlled by the founder and chairman of Geely Holding Group.

    By June 26, 2025
  • Stellantis Mopar Megahub Detroit Michigan
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    Provided by Stellantis

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    Stellantis plans $388M parts distribution ‘Megahub’ in metro Detroit

    The facility will be staffed by nearly 500 UAW workers once operational in 2027, according to the company. 

    By Kalena Thomhave • June 24, 2025
  • Rivian Amazon delivery vans
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    Provided by Rivian

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    Flexibility key in tariff turmoil: Toyota, Rivian execs

    Executives from the two companies suggest that with fluctuating trade policies, the short-term priority for OEMs should be staying the course.

    By June 23, 2025
  • Toyota Daimler Mitsubishi Fuso and Hino Motors
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    Photo provided by Toyota Motor Corp. 

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    Toyota, Daimler ink deal to merge truck companies

    Mitsubishi Fuso and Hino Motors will become equals under a new holding company that is expected to begin operations in April 2026.

    By June 23, 2025
  • BMW X5 SUV
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    Provided by BMW Group

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    BMW Group Financial Services North America names president and CEO

    Ole Jensen was appointed the new head of BMW’s financial services arm in the US and the Americas.

    By Kalena Thomhave • June 16, 2025
  • The Toyota logo is displayed at One Toyota of Oakland on February 06, 2019 in Oakland, California.
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    Justin Sullivan via Getty Images
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    Toyota Motor North America names new general counsel

    Elizabeth Gibson was promoted to lead the in-house legal team after 19 years with the company.

    By Kalena Thomhave • June 13, 2025
  • Allison Transmission International Truck 3414 RHS transmission
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    Provided by Allison Transmission 

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    Allison Transmission acquires Dana Inc.’s off-highway unit for $2.7B

    Through the purchase, the supplier aims to expand its commercial powertrain offerings to a broader global marketplace. 

    By June 13, 2025
  • GM HQ Detroit Michigan US Flag
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    Bill Pugliano via Getty Images
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    GM names head of global manufacturing

    Company veteran Mike Trevorrow will serve a dual role overseeing the automaker’s worldwide manufacturing and engineering operations.

    By June 12, 2025
  • Lucid vehicles on display
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    Provided by Lucid Group. 

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    Lucid elects Douglas Grimm to board

    The seasoned transportation industry executive’s experience includes stints with Chrysler and Dana Inc.

    By June 11, 2025
  • A dark gray 2025 Chevy Blazer SUV traveling on a road will mountains in the background.
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    Courtesy of General Motors
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    GM is investing $4B in three plants to boost domestic production

    The automaker says the investments will provide it with the capacity to build 2 million vehicles a year in the U.S.

    By June 11, 2025
  • Nissan Smyrna vehicle assembly plant
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    Provided by Nissan Motor Co. 

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    Automakers must cope with tariff-fueled business climate in the short-term: analyst

    S&P Global forecasts that the global trade environment may have more clarity by the end of the year. 

    By June 10, 2025