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Toyota shareholders demand vote against chairman Toyoda as automaker embroiled in testing scandal
San Francisco Chronicle· 5 days agoThe vote expected at the June 18 annual shareholders meeting comes after Toyota apologized recently...
Gateway - Jalopnik
Jalopnik· 2 days agoRivian says it’s undeterred by its recent stumbles, General Motors has a plan for Europe, and Toyota’s investors in Europe really would prefer the company to cool it with all the lobbying on ...
European carmakers exposed to any Chinese retaliation for EU tariffs
Reuters· 7 days agoEurope's auto industry had warned against imposing the tariffs, with German carmakers the most...
Gateway - Jalopnik
Jalopnik· 3 days agoNissan might actually be turning this thing around. Nissan has projected a return to profitability for the first time in three years despite a big hit from ...
Bank of America tells Detroit’s Big 3 they can’t make money in China and should just leave the...
Fortune· 2 days ago“We think exiting China from a pure profit and strategic standpoint makes sense, to focus on where you’re making money— which is North American trucks,” John Murphy, BofA ...
Gateway - Jalopnik
Jalopnik· 4 days agoThere’s little competition right now, as the struggling automaker deals with bodged recalls, bricked Cybertrucks and plummeting new car registration. Now, the automaker ...
How Tesla Shareholders Upheld Elon Musk’s Sky-High Pay
New York Times· 7 days agoTesla shareholders on Thursday voted to reaffirm a roughly $48 billion compensation package for Elon Musk, which was originally approved in 2018 and was nullified by a judge early this year.
Gateway - Jalopnik
Jalopnik· 3 days agoFord has reportedly paused work on its $3.5 billion EV battery plant in Michigan, saying it’s not sure about its ability to competitively operate the plant while it’s locked in contract negotiations ...
Gateway - Jalopnik
Jalopnik· 3 days agoElon Musk is again trying to inspire productivity with emails, General Motors can’t build its in-demand trucks any faster and Ferrari has gained a new executive to kick off a new era for Maranello ...
Gateway - Jalopnik
Jalopnik· 2 days agoNow, a UAW memo shared by the Wall Street Journal reveals that Ford could cut a shift at the plant that builds the all-electric F-150 as “sales for the Lightning have tanked.” The memo was shared ...
