Author: Interview Scanning Online

How Ford Won the Race for Rivian – The Wall Street Journal

When hot electric-truck startup Rivian Automotive Inc. goes public next week seeking a valuation of roughly $70 billion, one of the biggest winners is likely to be a 118-year-old Detroit giant. Ford Motor Co. could make a windfall of more than $7 billion from the deal, as an investor with a 12% stake. But it… Continue reading How Ford Won the Race for Rivian – The Wall Street Journal

Ford kicks off $2.5 billion green-bond financing on heels of infrastructure deal – MarketWatch

Ford Motor Company raised $2.5 billion in the U.S. corporate bond market on Monday to fund green projects in the wake of Friday’s roughly $1 trillion infrastructure deal. The F-150 maker said it plans to use proceeds from its 10-year financing exclusively to fund its clean-transportation projects, including to design, develop and manufacture its suite… Continue reading Ford kicks off $2.5 billion green-bond financing on heels of infrastructure deal – MarketWatch

Ford CEO gives employees sobering data about Tesla, challenges ahead – Detroit Free Press

This content is only available to subscribers. $1 for 6 Months Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Access to exclusive sports reporting on your local teams from USA TODAY Sports+ at no additional… Continue reading Ford CEO gives employees sobering data about Tesla, challenges ahead – Detroit Free Press

Volkswagen CEO seeks to cool dispute over plant jobs – Yahoo Finance UK

Volkswagen’s CEO has firmly rejected claims of planned job cuts at its flagship plant, with the auto giant instead unveiling plans for a new electric car factory to rival Tesla. There was “no plan to close 30,000 posts” in Wolfsburg and “every site has a future”, chief executive Herbert Diess said in an video shared… Continue reading Volkswagen CEO seeks to cool dispute over plant jobs – Yahoo Finance UK

Lancia CEO outlines brand’s expansion plans for Europe – Automotive News Europe

Napolitano wants to attract a different kind of buyer for Lancia. Currently, two thirds of buyers are women, with an average age of 45 and with no children in their household. He sees future models as drawing buyers with an average age of 55, but with at least one child still at home, and evenly… Continue reading Lancia CEO outlines brand’s expansion plans for Europe – Automotive News Europe