Corporate/Finance
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Hiring for promise can help close skills gaps, research indicates
“Many organizations are transforming their capabilities so rapidly that they can’t acquire all the skills they need,” a Gartner director said.
By Carolyn Crist • March 24, 2025 -
Stellantis offers buyouts in Michigan, Ohio and Illinois
The buyouts and voluntary retirement packages follow a challenging 2024 for the automaker that included declining profits and shrinking market share in North America.
By Eric Walz • March 21, 2025 -
Nissan’s new leaders bring fresh perspective: analysts
A new CEO and executive team may be the right approach to revitalize the struggling automaker, experts say.
By Larry Avila • March 18, 2025 -
Manufacturers hail EPA plans to rethink particulate matter regulations
The National Association of Manufacturers, American Forest & Paper Association and others previously challenged an update to the National Ambient Air Quality Standards in court.
By Cole Rosengren • March 17, 2025 -
Nissan assembles new executive team to lead turnaround
The management team will work alongside incoming CEO Ivan Espinosa on a “360 degree turnaround.”
By Larry Avila • March 13, 2025 -
Rivian swipes Tesla vet for CAO
Former Tesla VP of Finance Sreela Venkataratnam will receive a $20,000 cash bonus from Rivian as part of her compensation package, the company said.
By Grace Noto • March 12, 2025 -
Nissan ousts CEO after failed Honda merger
Chief Planning Officer Ivan Espinosa was tapped to lead the automaker following a C-suite shakeup in which five executives are stepping down.
By Larry Avila • March 11, 2025 -
Tesla CFO sells $1.7M more in stock
The sale comes as Tesla’s stock has lost a third of its value since President Donald Trump took office, amid a backlash against the EV maker’s CEO Elon Musk and a broadening trade war.
By Grace Noto • March 10, 2025 -
Toyota halts RAV4 production in Japan after deadly explosion at supplier
The disruption should not impact the automaker’s production of the vehicle in the U.S., a company spokesperson said.
By Larry Avila • March 7, 2025 -
Audi launches transformation unit to drive growth
The new department is being led by Yvonne Bettkober, who has held leadership roles with Volkswagen, Microsoft and Amazon Web Services.
By Eric Walz • March 7, 2025 -
Trump pauses Mexico tariffs on USMCA goods until April 2
Commerce Secretary Howard Lutnick indicated the White House will soon announce that all goods compliant with the trade deal could receive the same treatment.
By Philip Neuffer • March 6, 2025 -
Toyota’s North America chief strategy officer to retire in May
Christopher Reynolds’ transition to an advisory role coincides with additional corporate C-suite changes at the automaker.
By Larry Avila • March 4, 2025 -
Trump’s trade war heats up as countries retaliate against tariffs
Mexico, Canada and China all announced they would counter the president’s orders after additional duties went into effect this week.
By Philip Neuffer , Edwin Lopez , Max Garland • March 4, 2025 -
Stellantis reports 70% decline in net profits in 2024
The automaker’s turnaround plan included high-profile leadership changes for its Jeep and Dodge brands in the U.S.
By Eric Walz • Feb. 27, 2025 -
Volvo weighs increasing US production, domestic sourcing to offset tariffs
CEO Jim Rowan said the automaker can quickly ramp up capacity at its South Carolina plant.
By Larry Avila • Feb. 27, 2025 -
Canada and Mexico tariffs will take effect March 4, Trump confirms
The president will also impose an additional 10% import tax on China next week and hinted at plans to soon levy 25% duties on the European Union.
By Philip Neuffer • Feb. 27, 2025 -
Lucid CEO resigns, company seeking permanent successor
COO Marc Winterhoff will lead the EV maker on an interim basis in place of Peter Rawlinson.
By Larry Avila • Feb. 26, 2025 -
Rivian reports record-high gross profit of $170M in Q4
The company cited improvements in variable costs, higher revenue per vehicle and a reduction in fixed costs.
By Eric Walz • Feb. 25, 2025 -
Nissan focused on finding new partnerships
With a merger with Honda off the table, the automaker is exploring options to develop new vehicles faster while also reducing costs.
By Larry Avila • Feb. 25, 2025 -
CEO confidence surges to three-year high, Conference Board says
CEOs and CFOs have grown more confident despite a lack of clarity in federal regulation, trade, immigration and taxation under the Trump administration.
By Jim Tyson • Feb. 24, 2025 -
Honda exec says US tariffs could cause over a 20B yen impact
The automaker is considering shifting some vehicle production from Mexico and Canada into the U.S. to avoid costly import duties.
By Eric Walz • Updated March 3, 2025 -
A look at 2025: Where 5 major auto manufacturing projects stand
Slower EV adoption and a new Trump administration have automakers seeking greater flexibility for some of their major U.S. investments.
By Megan Ruggles • Feb. 21, 2025 -
GM confident it can mitigate tariffs
CFO Paul Jacobson believes the automaker’s experience dealing with past crises, including the pandemic, will help it find solutions.
By Larry Avila • Feb. 20, 2025 -
Forget the company car. Top earners want remote work.
Competition for the highest paying remote jobs is greatest in the business development, sales and marketing fields, a Ladders report found.
By Ginger Christ • Feb. 20, 2025 -
Honda posts positive US sales growth in Q3, but global declines impact profit
Across all of its business units, Honda reported that its revenue declined by 3.1% year over year in the first nine months of the fiscal year ending in March.
By Eric Walz • Feb. 19, 2025