Corporate/Finance: Page 2


  • Nissan Smyrna vehicle assembly plant
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    Provided by Nissan Motor Co. 

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    Nissan slashing 20K jobs by FY2027

    The automaker’s latest cost-savings plan also calls for seven plant closures in an effort to generate $3.4 billion in savings.

    By May 13, 2025
  • A blue 2024 Toyota Prius parked outdoors with a city skyline in the background.
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    Courtesy of Toyota Motor North America
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    Toyota forecasts net income decline of 21% amid tariffs

    The automaker faces uncertainties in the upcoming fiscal year as it works to lessen the impact of U.S. tariffs and potentially higher supply chain costs.

    By May 13, 2025
  • Polestar 3 SUV
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    Provided by Polestar

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    Polestar names new North America leader

    Rick Bryant will succeed Anders Gustafsson, effective May 12. 

    By May 12, 2025
  • Treasury Secretary Scott Bessent appears before the House Financial Services Committee on May 7, 2025, in Washington, D.C.
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    Pete Marovich via Getty Images
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    US, China agree to reduce tariff rates for 90 days

    By Wednesday, the two countries will charge 10% baseline duties during the period and remove certain retaliatory levies that pushed rates over 100%.

    By Philip Neuffer • May 12, 2025
  • Shopper Tesla Cybertruck New York
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    Spencer Platt via Getty Images
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    Deep Dive

    Omnichannel, first-party data top automotive marketing trends in 2025

    OEMs and dealers are investing heavily in customer retention and conquesting and creating seamless buyers’ journeys, experts say.

    By May 9, 2025
  • The Honda logo is displayed at the Howdy Honda dealership on March 18, 2024 in Austin, Texas.
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    Brandon Bell via Getty Images
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    American Honda steers AI efforts with data governance, quality focus

    The generative AI early adopter has worked to improve data management as it aims for better model accuracy and performance to bolster decision-making. 

    By Lindsey Wilkinson • May 9, 2025
  • Lucid Motors Group EVs SUV
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    Provided by Lucid Motors

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    Lucid leans into US manufacturing, Gravity launch amid market headwinds

    The luxury EV manufacturer touts growth, tech licensing potential and domestic supply chain advantages in the wake of tariff turmoil.

    By Nancy Dunham | WardsAuto • May 8, 2025
  • Duncan Aldred president GM North America
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    Provided by General Motors

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    GM names North America president

    Duncan Aldred takes over the role vacated by Marissa West in August 2024.

    By May 7, 2025
  • Hyundai Ioniq 9
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    Provided by Hyundai Motor Co. 

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    Hyundai bolsters executive leadership

    The automaker promoted one executive to a new global role and another to oversee its North America manufacturing.

    By May 7, 2025
  • President Donald Trump waves before boarding Marine One on the South Lawn of the White House on April 29, 2025 in Washington, DC.
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    Win McNamee via Getty Images
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    ‘We’re headed in the wrong direction’: Tariffs drive up prices, hurt output, PMI says

    Manufacturers pulled back on production last month as the Trump administration's volatile trade policy caused consumer confusion and a drop in demand, according to the Institute for Supply Management. 

    By May 6, 2025
  • Ford Mustang Mach-E
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    Provided by Ford Motor Co. 

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    Ford lowers 2025 earnings outlook amid tariffs, BEV losses

    While the automaker faces headwinds for the rest of 2025, the company says it is improving quality and lowering fixed costs.

    By David Kiley | WardsAuto • May 6, 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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    Tariffs see Stellantis ditch financial forecast as Q1 revenues slide

    The automaker’s first quarter revenue slumps 14% as it launches its financial recovery plan.

    By Paul Myles | WardsAuto • May 2, 2025
  • General Motors 2025 Chevrolet Trax tariffs
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    Provided by General Motors 

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    GM projects up to $5B in tariff costs in 2025

    The automaker says it will work to hold the line on consumer pricing of its vehicles.

    By David Kiley | WardsAuto • May 2, 2025
  • Mercedes-Benz USA Alabama plant SUV
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    Provided by Mercedes-Benz 

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    Mercedes-Benz to produce a new ‘core-segment’ vehicle in Alabama

    Details were limited, but a spokesperson said the move aligns with the automaker's focus on optimization amid market shifts.

    By May 2, 2025
  • Buick Envista 2024
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    Provided by General Motors

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    GM beats Wall Street expectations, suspends guidance over tariffs

    General Motors is heavily exposed to tariffs, including its Buick brand, but Trump’s waffling offers some relief.

    By David Kiley | WardsAuto • April 30, 2025
  • 2 millionth Dodge Ram Michigan assembly line Stellantis
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    Provided by Stellantis

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    Stellantis marks 2M Ram 1500 trucks built in Michigan plant

    The facility will manufacture electric trucks, with a hybrid option coming to market this year.

    By Kalena Thomhave • April 29, 2025
  • Ford Michigan Van Dyke Powertrain Center Sterling Heights Michigan
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    Provided by Ford Motor Co. 

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    Tariffs could spike costs for domestic automakers by $108B

    A new report estimates that higher import duties on automotive parts will impact nearly all of the 17.7 million vehicles built in the U.S. annually.

    By Kalena Thomhave • April 29, 2025
  • Mercedes-Benz LA car lot
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    Mario Tama via Getty Images
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    Adam Chamberlain returns to Mercedes-Benz USA as CEO

    Dimitris Psillakis will transition to a senior strategic advisor role and remain with the company until the end of 2025, the automaker said.

    By Kalena Thomhave • April 28, 2025
  • Volvo S90 exterior 2025
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    Provided by Volvo Cars

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    Volvo Cars names new CFO

    Deputy CFO Fredrik Hansson has taken over for Johan Ekdahl, who resigned after nearly a decade on the job.

    By April 25, 2025
  • A 2025 Hyundai Santa Fe Hybrid SUV parked outdoors with mountains in the background.
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    Courtesy of Hyundai Motor America
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    Hyundai posts its highest Q1 revenue in company history

    The automaker plans to maintain its sales momentum with the launch of new hybrids and fully electric models under its Ioniq brand.

    By April 25, 2025
  • an exterior shot of GM headquarters
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    Bill Pugliano / Stringer via Getty Images
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    GM’s head of global manufacturing resigns

    Jens Peter Clausen, a veteran of Tesla and Google, will step down in mid-May after overseeing the automaker's manufacturing for a little over a year.

    By April 24, 2025
  • Nissan Smyrna Tennessee plant production line
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    Provided by Nissan Motor Co. 

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    Auto groups: US tariff policies ‘will scramble the global automotive supply chain’

    In a letter to the Trump administration, industry leaders say recent actions will increase costs and eliminate jobs.

    By April 23, 2025
  • Tesla Elon Musk wearing a black jacket and baseball cap delivers remarks after joining President Donald Trump at an executive order signing in the Oval Office at the White House on Feb. 11, 2025.
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    Andrew Harnik via Getty Images
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    Tesla’s net profit nosedives 71% in Q1

    Elon Musk’s alignment with the Trump administration may be impacting Tesla's reputation, according to one analyst.

    By April 23, 2025
  • A blue sign with white lettering reads "GM."
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    Mario Tama / Staff via Getty Images
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    General Motors taps Dell sustainability head to become new CSO

    Cassandra Garber will lead the automotive giant’s sustainability efforts and ESG practices starting April 22, which coincides with Earth Day.

    By Zoya Mirza • April 22, 2025
  • Nissan Smyrna Tennessee plant
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    Provided by Nissan Motor Co. 

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    Nissan nominates 4 new board candidates after exec shakeup

    New CEO Ivan Espinosa is among the recommended director appointments after the automaker overhauled its executive leadership team to lead its turnaround.

    By April 22, 2025