Author: Interview Scanning Online

GM’s Mary Barra dishes on EVs, the economy and the stock – Yahoo Finance

One thing you might not know about Detroit is how big it is. At 142.9 square miles, it’s not as vast as Houston, (599.6 miles), but you can spend hours motoring around the Motor City. The auto industry still dominates here, including GM (GM), which has its headquarters downtown and assembly plants in the area.… Continue reading GM’s Mary Barra dishes on EVs, the economy and the stock – Yahoo Finance

Stellantis CEO Tavares: Chip crunch to continue through 2023 – Automotive News Europe

PARIS — Stellantis CEO Carlos Tavares said supplies of semiconductors will remain tight until the end of next year, according to an interview published in a French newspaper. “The situation will remain very complicated until the end of 2023, then will ease a little,” Tavares told the newspaper Le Parisien, adding that “semiconductor manufacturers have an interest… Continue reading Stellantis CEO Tavares: Chip crunch to continue through 2023 – Automotive News Europe

GM paved new road to pension derisking – Pensions & Investments

When General Motors Co., Detroit, purchased a group annuity contract from Prudential Insurance Co. of America to transfer $29 billion in U.S. pension plan liabilities in 2012, it showed plan sponsors a path to take derisking to the next level. Scott Gaul, Avon, Conn.-based senior vice president and head of investment and pension solutions at… Continue reading GM paved new road to pension derisking – Pensions & Investments

Mary Barra: GM Energy is a ‘significant growth opportunity’ for the company – Yahoo Finance

Earlier this week General Motors (GM) announced its big foray into the energy business with GM Energy, providing services meant to help consumer and commercial clients manage charging and energy storage. For GM CEO Mary Barra, the suite of products creates an ecosystem that not only helps customers but also America’s electrical grid. “One of… Continue reading Mary Barra: GM Energy is a ‘significant growth opportunity’ for the company – Yahoo Finance

Breakingviews – Nissan’s Ashwani Gupta on the need for speed: podcast – Reuters

TOKYO, Sept 20 (Reuters Breakingviews) – The arrest and escape of former Chairman Carlos Ghosn in 2019 put a harsh spotlight on the Japanese auto giant. Covid and inflation have added pressure since. In this episode, Nissan’s (7201.T) COO talks to Pete Sweeney about electrification, fast cars and turning the business corner. Listen to the… Continue reading Breakingviews – Nissan’s Ashwani Gupta on the need for speed: podcast – Reuters

Audi considers 1st U.S. assembly plant amid new EV tax credits – Automotive News Europe

Federally funded electric vehicle tax credits contained in the Inflation Reduction Act signed into law this summer have Volkswagen Group, and especially Audi, taking a hard look at expanding its manufacturing footprint in North America — potentially including what would be Audi’s first plant in the U.S. In an exclusive interview, Oliver Hoffmann, head of… Continue reading Audi considers 1st U.S. assembly plant amid new EV tax credits – Automotive News Europe

Nissan tightens the screws in Carlos Ghosn case – Automotive News Europe

The automaker this year settled a class-action lawsuit brought against it and several former executives by U.S. shareholders who claimed they were misled about Ghosn’s compensation. Backers of Ghosn and Kelly say Nissan moved to settle only after defense teams requested discovery disclosure of embarrassing documents that might support their innocence. After settling that case… Continue reading Nissan tightens the screws in Carlos Ghosn case – Automotive News Europe

Former boss Ghosn says Nissan’s lack of vision is hurting Renault – Reuters

TOKYO, March 3 (Reuters) – Former Nissan Motor chairman Carlos Ghosn, who was ousted from the company following his arrest in Japan, said on Thursday that its alliance partner Renault SA (RENA.PA) is struggling because of the Japanese automaker’s lack of vision. “I’m not very optimistic about the future of Nissan,” Ghosn told reportersfollowing the… Continue reading Former boss Ghosn says Nissan’s lack of vision is hurting Renault – Reuters