Corporate/Finance
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Nissan offers buyouts as US production scales back
The automaker plans to cut shifts at its Smyrna, Tennessee and Canton, Missouri plants.
By Larry Avila • Jan. 31, 2025 -
Tesla’s Q4 automotive revenue declines 8% YoY
Company executives said Tesla made significant investments to spur its next wave of growth, including vehicle manufacturing capabilities and AI training.
By Eric Walz • Jan. 31, 2025 -
Consumer car buying satisfaction reaches record high in 2024
Better digital tools, integration of online and in-person shopping and transparent pricing drove higher satisfaction marks, according to Cox Automotive.
By Kalena Thomhave • Jan. 30, 2025 -
GM expects to save $1B by shutting down Cruise robotaxi
The automaker anticipates its Super Cruise hands-free driving feature will drive EV interest.
By Larry Avila • Jan. 29, 2025 -
Mitsubishi weighs decision to be part of Honda, Nissan merger
As talks between the automakers continue, analysts say a combination makes sense but may face hurdles, including short-term financial hardship.
By Larry Avila • Jan. 29, 2025 -
Georgia Rivian plant to resume construction
After a pause due to high costs, the electric vehicle manufacturer anticipates work on the project near Atlanta to begin in 2026.
By Zachary Phillips • Jan. 28, 2025 -
Toyota Motor North America COO retires
Mark Templin succeeds Jack Hollis who retired from the role after 33 years with the company.
By Larry Avila • Jan. 27, 2025 -
Hyundai’s revenue jumped 11.9% in 2024
The automaker noted that its Q4 profit declined by 17.2% due to higher warranty costs and bigger incentives to boost sales.
By Eric Walz • Jan. 27, 2025 -
Trump executive orders torch Biden’s DEI initiatives
The 47th president promptly axed federal diversity, equity and inclusion programs after repeatedly promising to do so on the campaign trail.
By Ryan Golden • Jan. 27, 2025 -
New vehicle prices rose 1.3% YoY in December
The value of incentives and discounts also remained elevated, according to Cox Automotive Kelley Blue Book.
By Kalena Thomhave • Jan. 24, 2025 -
Stellantis reverses plans, will reopen Belvidere Assembly plant
The revival of the shuttered site also ends a dispute with the United Auto Workers.
By Eric Walz • Jan. 23, 2025 -
What Trump’s executive orders mean for automakers
New policies are unlikely to slow EV adoption but may benefit gas-powered vehicles, analysts say.
By Larry Avila • Jan. 22, 2025 -
Trump eyes 10% China tariff hike by Feb. 1
The president floated a similar timeline for 25% tariffs on Canada and Mexico.
By Philip Neuffer • Jan. 22, 2025 -
How auto suppliers can prepare for tariffs against Canada and Mexico
Companies must analyze their supply chains and develop company-specific plans, as expenses and impacts could vary significantly, experts say.
By Michael Brady • Jan. 17, 2025 -
5 automotive topics to watch when Trump takes office
China, trade, vehicle emissions and fuel economy standards, and electric vehicle policy will be in the crosshairs of the incoming Trump administration, experts say.
By Michael Brady • Jan. 17, 2025 -
How CIOs encourage tech adoption across generations
Boomers and Gen Z face different challenges adopting workplace tools, but collaborative training can bridge the gap, CIOs say.
By Suman Bhattacharyya • Jan. 16, 2025 -
Hyundai Motor America names COO
Claudia Márquez will lead the automaker’s U.S. business operations and direct its growth strategies.
By Larry Avila • Jan. 16, 2025 -
5 compensation and benefits trends to buy into in 2025
To attract and retain workers, employers will focus on competitive salaries and flexible benefits, experts say.
By Ginger Christ • Jan. 15, 2025 -
Most automakers close 2024 on a high note
Ford, GM report record-setting marks for electric vehicles sold, while Stellantis falters.
By Larry Avila • Jan. 14, 2025 -
Automakers respond to devastating California wildfires
BMW Group joined the list of automakers donating or offering support to relief efforts.
By Larry Avila • Updated Jan. 23, 2025 -
GM’s SVP of global design to retire after a 42-year career
Bryan Nesbitt, current executive director of global Cadillac design, will take over the role July 1.
By Eric Walz • Jan. 9, 2025 -
When HR uses engagement data, productivity and retention increase, McLean says
But “engagement action planning is not just about addressing employee feedback,” one McLean & Co. leader said.
By Carolyn Crist • Jan. 9, 2025 -
Hyundai CEO encourages company to embrace change
Executive Chair Euisun Chung said, “evolving consumer preferences, technological evolution and the accelerating pace of innovation will make 2025 a year of complex global dynamics.”
By Larry Avila • Jan. 7, 2025 -
Hyundai fills executive ranks to shore up leadership roles
The new company leaders will oversee a wide range of operations, including finance, technology and innovation.
By Larry Avila • Jan. 3, 2025 -
Honda, Nissan merger would boost automakers’ global position: analysts
The potential deal promises to create the world’s third largest automotive company with significant technology, manufacturing and supply chain synergies.
By Larry Avila • Jan. 2, 2025