4 employment actions to expect under a second Trump presidency

Employers are likely to see immigration raids, agency chair replacements and a slowing in regulatory activity, experts at Littler predicted.

Toyota, Suzuki to launch electric SUV

Toyota describes the forthcoming vehicle as a “nimble SUV with the sharp driving characteristics of a BEV.”

Stellantis Q3 year-over-year revenue nosedives 27%

The automaker shipped fewer new vehicles during the quarter as it prioritizes EV rollouts and selling excess inventory.

Transparency on carbon credits’ quality is ‘critical’ for reducing corporate emissions, experts say

Verra CEO Mandy Rambharos said companies purchasing carbon credits should be able to understand where those credits come from and feel confident listing it as a decarbonization investment.

Vehicle pricing fell year-over-year in Q3: Cox Automotive

The average value of discounts and other incentives increased for the third straight month.

Production down ahead of presidential election: PMI

Demand rose slightly during the month as manufacturers hope for a rebound next year. 

Stellantis, Factorial to launch demo fleet to test solid-state-EV batteries

A fleet of electric Dodge Charger Daytonas will evaluate their real-world performance with the goal of commercializing the technology.

Mercedes-Benz opens its own battery recycling factory

With a targeted recovery rate of up to 96%, the facility will process and recycle enough materials to produce more than 50,000 new battery modules per year.

Ford Integrated Services unit chief departs for Peloton

Peter Stern's team was tasked with building out the automaker’s BlueCruise hands-free highway driving system and other key technology projects.

Updated Nov. 11, 2024

Warranty spend weighs on Ford’s Q3 profit

The automaker said it would be on pace for record profit in 2024 if it weren’t for higher-than-expected warranty costs.

Mercedes-Benz Q3 earnings tumble amid subdued world economy

The automaker blamed lower vehicle sales on weak demand in many global markets, especially China, where the luxury segment struggled.

Employers willing to pony up for in-office work, Robert Half says

Companies are offering return-to-office premiums of up to 20% for new hires, the consulting firm’s recent managers’ survey found.

Stellantis recalls 21K vehicles for ‘brake pedal collapse’

The automaker is advising drivers to use the electronic parking brake to slow the vehicle to a stop if the brake fault occurs.

Waymo raises $5.6B to expand ride-hailing operations

The company, which spun out of Google’s self-driving car project, aims to be the first to scale commercial robotaxis across the U.S.

BMW of North America shuffles C-suite leadership

The automaker names new executives to lead its eastern and western operations after its U.S. sales slip.

More than half of older US workers say ageism hinders their hiring

Few workers over age 50 feel optimistic about their job search in coming months, a new report shows.

CEOs struggle to meet net-zero targets due to decarbonization challenges: KPMG

CEOs pointed to the complexity of cutting supply chain emissions and implementing sustainable solutions as challenges affecting their net-zero target strategies.

Hyundai revenue grows 4.7% YoY in Q3

The automaker’s hybrid sales increased nearly 30% in the U.S. year over year.

ABM to integrate Mainspring Energy’s power generation tool to strengthen EV charging solutions

The technology can be quickly deployed at scale and would appeal to large fleet operators seeking cost-effective and sustainable charging infrastructure, ABM says.

Honda previews next-gen tech for its new ‘0 Series’ EVs

The first model is expected to launch in 2026 and will be built on a newly developed platform.

Growth mindset culture drives workplaces forward, report says

While executives think they lead growth mindset by example, more than half of workers surveyed said they don’t see evidence of that.

Tesla Q3 profits boosted by rising Full Self-Driving revenue

CEO Elon Musk said rapid advancements with FSD have made it challenging to find flaws in the technology.  

More automakers install improved tech to remind drivers to buckle up

Louder warnings to passengers are among the measures OEMs take, according to IIHS.

GM targets EV growth with 500-mile range trucks

The automaker's Q3 revenues topped analysts’ estimates for the fourth straight quarter as it focuses on EV growth.

Few mid-career and older workers use AI at work — yet

Many employers are offering some form of training support for workers using AI, including both formal programs and informal resources.