Corporate/Finance
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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 9 hours ago -
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 Edwin Lopez , Larry Avila , Eric Walz • Feb. 13, 2025 -
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 -
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 -
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 Larry Avila • Feb. 7, 2025 -
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 -
Toyota reports an operating profit decline of nearly 28% in Q3
The automaker cited investments in new growth areas, labor costs and a challenging market environment for the drop in profits.
By Eric Walz • Feb. 6, 2025 -
Nissan, Honda merger talks still on — for now
Despite reports of a potential end to merger talks, the two automakers confirmed that discussions are ongoing and the companies may reveal more details by mid-February.
By Larry Avila • Feb. 5, 2025 -
Stellantis names new CEO for Jeep
Bob Broderdorf takes over for Antonio Filosa as the automaker continues its global C-suite shakeup.
By Larry Avila • Feb. 5, 2025 -
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