The Latest
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GM’s Ultium Cells battery plant in Tennessee to add production of low-cost LFP cells
The automaker is targeting significant cost savings for EVs compared to its current high-nickel battery chemistries.
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Rolls-Royce invests $75M in South Carolina engine plant
The 60,000-square-foot expansion will boost production of machinery used to power data centers and other industrial facilities.
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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.
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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.
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EU, Canada delay retaliatory tariffs against US
Meanwhile, Brazil announced its own countermeasures while Mexico remains confident it will reach a deal by Aug. 1.
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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.
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Ford recalls 850K vehicles for defective fuel pumps
The automaker has issued 89 recalls this year, which potentially extend to over 5.2 million vehicles.
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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.