Corporate/Finance: Page 2
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Former head of Cruise joins Kodiak’s board of directors
Mohamed Elshenawy will bring self-driving car expertise to the autonomous trucking company as it prepares to go public, per Kodiak’s announcement.
By Kalena Thomhave • Aug. 5, 2025 -
Ford names commercial business unit president
Former GM and Amazon executive Alicia Boler Davis will take over leadership at Ford Pro effective Oct. 1, the automaker said.
By Larry Avila • Aug. 4, 2025 -
Toyota Motor North America VP of manufacturing to retire
Janette Hostettler is currently responsible for vehicle manufacturing and organization at the automaker’s largest global manufacturing facility.
By Eric Walz • Aug. 4, 2025 -
‘We’re going to have to live with tariffs’: PMI
A seemingly cemented plan for country-specific tariffs could lead to a more stable and predictable industry in the year ahead, according to the Institute for Supply Management.
By Sara Samora • Aug. 1, 2025 -
Return-to-office orders drive attendance bump, but hybrid work tools remain crucial
Mandates are helping to increase attendance, but most office interactions still involve remote participants, meaning operators must remain diligent in implementing and measuring collaboration tools, experts say.
By Joe Burns • Aug. 1, 2025 -
Ford takes out $3B loan amid tariff uncertainty
The unsecured loan signals confidence from lenders, although the automaker’s current credit rating indicates its business is vulnerable to adverse economic conditions.
By Eric Walz • July 31, 2025 -
Tariffs hit Ford’s Q2 profit while automaker teases big EV news
The No. 2 U.S.-based automaker by sales volume projects a $3 billion loss this year from tariffs.
By David Kiley | WardsAuto • July 31, 2025 -
Nissan to shutter Mexico factory as part of broader cost savings plan
The CIVAC Plant was Nissan’s first production facility outside Japan and operated continuously for more than 60 years.
By Larry Avila • July 30, 2025 -
Honda worker’s Kronos outage-related timekeeping lawsuit survives
The plaintiff disputed the promptness of the company’s reconciliation payments following resolution of the 2021 incident.
By Ryan Golden • July 30, 2025 -
Stellantis posts first-half losses in ‘tough’ year
The company’s U.S. tariff hit heads up the automaker's reasons for its predicted $2.7 billion overall loss for 2025.
By Paul Myles | WardsAuto • July 29, 2025 -
Supplier expects to benefit from $16.5B Tesla, Samsung AI chip deal
Graphjet Technology says growth in U.S. semiconductor manufacturing is timely for its planned expansion in Nevada.
By Larry Avila • July 29, 2025 -
Lucid files proxy with SEC for 1-for-10 reverse stock split
The move is intended to boost the electric automaker’s share price and make the stock more attractive to investors.
By Eric Walz • July 29, 2025 -
‘Losing steam’: Economy stalls amid trade uncertainty
As tariff impacts hit, production output, hiring and inventory levels are flatlining, per Victoria Bloom, chief economist at the National Association of Manufacturers.
By Sara Samora • July 28, 2025 -
Hyundai reports record-high revenue of $35.2B in Q2
Despite the automaker’s record-setting revenue, its net income declined 22% year over year as a result higher incentives, the company said.
By Eric Walz • July 25, 2025 -
Volkswagen takes $1.5B hit from tariffs
The auto group was forced to trim its full-year earnings forecast and “realign” its business model, possibly focused on less U.S. trade, executives said.
By Paul Myles | WardsAuto • July 25, 2025 -
GM CFO looks to strategic pricing, costs to blunt $1.1B tariff impact
Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.
By Grace Noto • July 25, 2025 -
Blind spots in popular vehicles have grown in recent years: IIHS
A new research technique may help determine whether changes in driver visibility have contributed to rising pedestrian and cyclist deaths.
By Kalena Thomhave • July 25, 2025 -
Volvo Cars’ head of global design steps down
Jeremy Offer resigned to spend more time with family, according to the automaker.
By Larry Avila • July 25, 2025 -
Tesla reports 42% YoY drop in operating income
The automaker’s Q2 sales fell 13.4% from a year ago as it faces growing competition in the global EV market.
By Eric Walz • July 24, 2025 -
Volvo regionalizing global production to avoid tariffs
The move is part of the automaker’s strategy to rapidly boost profitability and adapt to a rapidly changing tariff-fueled business environment.
By Larry Avila • July 23, 2025 -
GM reports $1.1B profit loss in Q2
The automaker will turn to cost-cutting to mitigate the impact of higher import duties.
By David Kiley | WardsAuto • July 22, 2025 -
Tariffs to slow spending, economic growth during H2: Conference Board
Consumers face an average effective tariff rate of 20.6% and a 2.1% short-run increase in prices, the Yale Budget Lab said.
By Jim Tyson • July 22, 2025 -
Nissan ending production at Japan plant
The automaker is working to return to profitability by FY2026, which includes reducing its global production footprint from 17 to 10 plants.
By Larry Avila • July 21, 2025 -
Nissan executive named CTO at grocery giant Ahold Delhaize
Jan Brecht previously served in leadership stints at Mercedes-Benz and Adidas.
By Roberto Torres • July 21, 2025 -
Stellantis names new North American dealer strategy leader
Jason Stoicevich returns to the automaker after departing a year ago and his return continues a wave of executive changes at the company.
By Larry Avila • July 18, 2025