Stellantis appoints Dutch food exec as CFO
Stellantis has hired Natalie Knight, an executive with a Dutch food retailer, as its CFO to succeed Richard Palmer, who helped orchestrate the 2021 transatlantic merger of Fiat Chrysler Automobiles…
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Stellantis has hired Natalie Knight, an executive with a Dutch food retailer, as its CFO to succeed Richard Palmer, who helped orchestrate the 2021 transatlantic merger of Fiat Chrysler Automobiles…
WASHINGTON — Electric vehicles from Volkswagen Group of America and some EVs made by Rivian Automotive will qualify for tax credits under the newly effective battery sourcing rules, the two…
Excluding items, Tesla reported a profit of 85 cents, in line with estimates. Tesla said profitability was also weighed down by higher raw material, commodity, logistics and warranty costs as…
As if all that weren’t enough, the supposedly retired executive now has been pulled back to work for a vehicle tech startup, Propitious Technologies LLC. Propitious announced this month that…
At the same time, Tesla is expected to report auto gross margin of 23 percent Wednesday, according to a Visible Alpha survey of market analysts. A year earlier, Tesla reported…
Chrysler is recalling 131,700 2021 Ram 1500 vehicles in North America equipped with 5.7L eTorque engines for an engine stall risk. The powertrain control module software may create an incorrect…
Ally Financial‘s first-quarter net income fell 51 percent from a year earlier as it collected less revenue from financing and set aside a higher amount to cover potential losses on…
Lithia Motors Inc.‘s first-quarter net income dropped by a third as the auto retail giant saw double-digit percentage declines in new- and used-vehicle gross profit per retail unit and lower…
Dealer Nicholas Alexander said North America-made Minis would help lift the brand’s awareness and competitiveness in the U.S. Alexander, president of Nick Alexander Mini in Los Angeles, said the China-made…
Jaguar Land Rover executives spoke about the automaker’s plans for the storied Jaguar brand to reporters at the company’s headquarters here on Wednesday. The GT, the first new model under Jaguar’s…