General Motors CEO Mary Barra will meet with Black-owned media leaders on Thursday, a GM spokesman said. The meeting follows an incendiary full-page ad that seven owners of Black-owned media companies placed in Sunday’s Detroit Free Press calling Barra racist for refusing to meet with them and allocate more of GM’s advertising dollars to the Black-owned media. GM… Continue reading GM CEO Mary Barra to meet with Black media owners days after they call her racist – Detroit Free Press
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The Ford and Rivian Partnership, Explained: What the Future Holds – Motor Trend
The Ford and Rivian Partnership, Explained: What the Future Holds Motor Trend Go to Source
Tokyo prosecutors charge American men accused of aiding Ghosn escape -report – Yahoo Finance
Bloomberg Big Oil’s Secret World of Trading (Bloomberg Markets) — It was a bleak moment for the oil industry. U.S. shale companies were failing by the dozen. Petrostates were on the brink of bankruptcy. Texas roughnecks and Kuwaiti princes alike had watched helplessly for months as the commodity that was their lifeblood tumbled to prices… Continue reading Tokyo prosecutors charge American men accused of aiding Ghosn escape -report – Yahoo Finance
Why Aston Martin’s CEO is confident that turnround will succeed – Automotive News Europe
Aston Martin is undergoing a transformation under former Mercedes-AMG head Tobias Moers, who joined as CEO in August last year after the struggling UK automaker was bailed out by Canadian billionaire Lawrence Stroll. Aston’s closer technology links with Daimler, a new focus on efficiency, along with promoting the company through Formula One, can bring about… Continue reading Why Aston Martin’s CEO is confident that turnround will succeed – Automotive News Europe
Ford Isn’t Letting up on $6 Billion in US Manufacturing and EVs – Business Insider
Ford is investing $6 billion in US manufacturing. The carmaker has a solid relationship with the UAW, forged during the COVID-19 pandemic. Ford is building EVs in the USA, including an upcoming electric F-150 pickup. As electric vehicles take to the road in greater numbers — displacing their gas-powered ancestors — Ford is changing up… Continue reading Ford Isn’t Letting up on $6 Billion in US Manufacturing and EVs – Business Insider
Daimler Says Denza X Crossover’s Success Key To Chinese Brand’s Future – CarScoops
Daimler CEO Ola Kallenius stated that sales of the Denza X SUV in China will play a crucial role in the future of the brand. The German car manufacturer established Denza through a 50:50 joint venture with BYD and unveiled the production-spec Denza X SUV in late 2019. It is a sleek-looking vehicle using many… Continue reading Daimler Says Denza X Crossover’s Success Key To Chinese Brand’s Future – CarScoops
Daimler will shrink with shift to EVs, AVs, CEO says – Automotive News Europe
FRANKFURT — Daimler will be a smaller company five years from now, focused on capturing recurring revenues with software-based services as Mercedes-Benz seeks to redefine luxury in an era of electric and self-driving cars, CEO Ola Kallenius said. The company founded by Carl Benz, who patented the first gasoline-powered car in 1886, is accelerating plans… Continue reading Daimler will shrink with shift to EVs, AVs, CEO says – Automotive News Europe
Bill Ford: ‘Our Family Name Is on the Line Every Day’ – The New York Times
With the coronavirus rapidly disrupting American life in mid-March and organized labor pressuring carmakers to ensure worker safety, Bill Ford reached out to the competition. Mr. Ford, the chairman of the Ford Motor Company, brokered a conference call with the leaders of General Motors, Fiat Chrysler, the United Auto Workers and key Michigan politicians. The… Continue reading Bill Ford: ‘Our Family Name Is on the Line Every Day’ – The New York Times
Peugeot’s US return scrapped to focus on existing brands – Automotive News Europe
PARIS — Stellantis has halted a plan to bring back the Peugeot brand to the U.S. market, saying it wants to concentrate on “existing brands” in North America after the merger of PSA Group and Fiat Chrysler Automobiles gave the new group a broader geographical reach. The plan for a comeback for Peugeot, last sold… Continue reading Peugeot’s US return scrapped to focus on existing brands – Automotive News Europe
Why Aston Martin’s CEO is confident that turnaround will succeed – Automotive News Europe
Aston Martin is undergoing a transformation under former Mercedes-AMG head Tobias Moers, who joined as CEO in August last year after the struggling UK automaker was bailed out by Canadian billionaire Lawrence Stroll. Aston’s closer technology links with Daimler, a new focus on efficiency, along with promoting the company through Formula One, can bring about… Continue reading Why Aston Martin’s CEO is confident that turnaround will succeed – Automotive News Europe