Corporate/Finance: Page 3
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Mario Tama via Getty Images
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 -
Provided by Toyota Motor Corp.
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 -
Courtesy of Hyundai Motor Co.
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 -
Chip Somodevilla via Getty Images
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 -
Provided by General Motors
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 -
Courtesy of Stellantis
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 -
Anna Moneymaker via Getty Images
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 -
Andrew Harnik via Getty Images
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 -
Ivan Murauyou/iStock via Getty Images
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 -
Justin Sullivan via Getty Images
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 -
g-stockstudio via Getty Images
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 -
Courtesy of Hyundai Motor America
Hyundai Motor America names COO
Claudia Márquez will lead the automaker’s U.S. business operations and direct its growth strategies.
By Larry Avila • Jan. 16, 2025 -
Mario Tama via Getty Images
5 compensation and benefits trends to buy into in 2025
To attract and retain workers, employers will focus on competitive salaries and flexible benefits, experts say.
By Ginger Christ • Jan. 15, 2025 -
Provided by General Motors
Quarterly sales roundupMost automakers close 2024 on a high note
Ford, GM report record-setting marks for electric vehicles sold, while Stellantis falters.
By Larry Avila • Jan. 14, 2025 -
John Locher/AP
Automakers respond to devastating California wildfires
BMW Group joined the list of automakers donating or offering support to relief efforts.
By Larry Avila • Updated Jan. 23, 2025 -
Courtesy of General Motors
GM’s SVP of global design to retire after a 42-year career
Bryan Nesbitt, current executive director of global Cadillac design, will take over the role July 1.
By Eric Walz • Jan. 9, 2025 -
SeventyFour/Shutterstock.com
When HR uses engagement data, productivity and retention increase, McLean says
But “engagement action planning is not just about addressing employee feedback,” one McLean & Co. leader said.
By Carolyn Crist • Jan. 9, 2025 -
Provided by Hyundai Motor Group
Hyundai CEO encourages company to embrace change
Executive Chair Euisun Chung said, “evolving consumer preferences, technological evolution and the accelerating pace of innovation will make 2025 a year of complex global dynamics.”
By Larry Avila • Jan. 7, 2025 -
Justin Sullivan via Getty Images
Hyundai fills executive ranks to shore up leadership roles
The new company leaders will oversee a wide range of operations, including finance, technology and innovation.
By Larry Avila • Jan. 3, 2025 -
Provided by Honda Motor Co.
Honda, Nissan merger would boost automakers’ global position: analysts
The potential deal promises to create the world’s third largest automotive company with significant technology, manufacturing and supply chain synergies.
By Larry Avila • Jan. 2, 2025 -
jetcityimage via Getty Images
Subaru the most reliable car brand: Consumer Reports
The automaker’s use of shared components across different models, increased their vehicle dependability rating.
By Kalena Thomhave • Dec. 20, 2024 -
Courtesy of Rivian
Key tech details of Rivian and VW’s joint venture partnership
Significant work has been done to ensure Rivian’s electrical architecture and software are compatible with Volkswagen vehicles.
By Eric Walz • Dec. 19, 2024 -
Anna Moneymaker/Getty Images via Getty Images
Fed trims main interest rate, signals prospect of less easing in 2025
Policymakers reduced the benchmark interest despite signs that their nearly three-year fight to push down inflation to their 2% target has stalled.
By Jim Tyson • Updated Dec. 18, 2024 -
Courtesy of Stellantis
Slowing global sales spark layoffs in 2024
Some automakers have reduced their workforce amid cooling demand for new vehicles.
By Larry Avila • Dec. 17, 2024 -
Provided by Nissan Motor Co.
Nissan shuffles C-suite to spark turnaround
The automaker plans to announce more appointments in April as it looks to revive slumping sales.
By Larry Avila • Dec. 16, 2024
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