Corporate/Finance
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Sophie_James via Getty Images
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 -
Provided by Mercedes-Benz USA
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 Larry Avila • July 15, 2025 -
Gregory Shamus via Getty Images
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 -
Provided by Nissan Motor Co.
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 Larry Avila • July 14, 2025 -
Chip Somodevilla via Getty Images
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 -
Spencer Platt via Getty Images
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 -
Provided by BMW Group
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 Larry Avila • July 10, 2025 -
Provided by Stellantis
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 Larry Avila • July 8, 2025 -
3alexd via Getty Images
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 Larry Avila • Updated July 8, 2025 -
Provided by Continental
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 -
Scott Olson/Getty Images via Getty Images
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 -
itsarasak thithuekthak via Getty Images
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 -
Provided by Stellantis
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 -
Douglas Rissing via Getty Images
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 -
Courtesy of Polestar
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 Eric Walz • June 26, 2025 -
Provided by Stellantis
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 -
Provided by Rivian
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 Larry Avila • June 23, 2025 -
Photo provided by Toyota Motor Corp.
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 Haley Cawthon • June 23, 2025 -
Provided by BMW Group
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 -
Justin Sullivan via Getty Images
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 -
Provided by Allison Transmission
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 Larry Avila • June 13, 2025 -
Bill Pugliano via Getty Images
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 Larry Avila • June 12, 2025 -
Provided by Lucid Group.
Lucid elects Douglas Grimm to board
The seasoned transportation industry executive’s experience includes stints with Chrysler and Dana Inc.
By Larry Avila • June 11, 2025 -
Courtesy of General Motors
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 Eric Walz • June 11, 2025 -
Provided by Nissan Motor Co.
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 Larry Avila • June 10, 2025
