Category: automaker
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Nissan, Honda announce plans to merge, creating world’s No. 3 automaker
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Breadcrumb links PMN BMN Business Article writer: Associated Press Mari Yamaguchi and Ellen Kurtenbach Posted on December 23, 2024 • Last updated 11 minutes ago • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content TOKYO…
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Stellantis CEO Carlos Tavares to retire in 2026 as automaker struggles in North America By Reuters
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Written by Nora Eckert DETROIT (Reuters) – Chrysler Stellantis (NYSE:) parent company confirmed on Thursday that CEO Carlos Tavares will retire at the end of his contract in early 2026 and announced major changes at top management as it struggles to turn around its lagging North American operations. . Earnings…
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China automaker lobby warns of enormous risks and uncertainty from EU tariffs on EVs
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Ford profit disappoints, stock falls 11% as quality issues dog automaker By Reuters
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By Nora Eckert and Nathan Gomez (Reuters) – Ford Motor Co reported a drop in second-quarter adjusted profit on Wednesday as the automaker continued to grapple with costly quality issues and an electric vehicle business that weighed on its bottom line, sending shares down 11% in after-hours trading. The Detroit…
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Toyota shareholders demand vote against chairman Toyoda as automaker embroiled in testing scandal
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Breadcrumb links BMN Business Article writer: Associated Press Yuri Kageyama Posted on June 15, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content TOKYO (AP) — Toyota Chairman Akio Toyoda will face some disgruntled…