Ford Pro CEO, who made commercial vehicles more profitable, to retire

Ford Motor’s head of its commercial vehicle business, Ted Cannis, will retire at the end of the month. Ford Motor said on Thursday head of its highly profitable commercial vehicle business unit, Ted Cannis, would retire at the end of the month after more than 35 years with the Detroit automaker. He led Ford Pro… Continue reading Ford Pro CEO, who made commercial vehicles more profitable, to retire

Clean Technica: BYD Closer to Becoming #1 Automaker in World Than I Thought003595

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Last week, I wrote generally about the idea that BYD’s strong upward trend, Toyota’s seeming lack of a serious EV plan (including continued daydreams about hydrogen), and Volkswagen’s struggles in China could lead to BYD becoming the #1 top… Continue reading Clean Technica: BYD Closer to Becoming #1 Automaker in World Than I Thought003595

Clean Technica: Australian EV Market Dips in August, New Zealand Steady003594

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Battery electric vehicles only achieved a 5.9% penetration of the new vehicle market in Australia in August. This is 5,892 out of 100,786 total light vehicles sold. It was 6,743 in July. Perhaps it’s time to admit that there… Continue reading Clean Technica: Australian EV Market Dips in August, New Zealand Steady003594

F Investors Have Opportunity to Lead Ford Motor Company Securities Fraud Lawsuit

NEW YORK, Sept. 12, 2024 /PRNewswire/ — Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Ford Motor Company (NYSE: F) between April 27, 2022 and July 24, 2024, both dates inclusive (the “Class Period”), of the important October 7, 2024 lead plaintiff deadline. So what: If you purchased Ford securities… Continue reading F Investors Have Opportunity to Lead Ford Motor Company Securities Fraud Lawsuit

GM may buy Chinese EV batteries, but they will be made in the US

A GM electric car with Chinese EV batteries on US streets? That could soon be a possibility. GM is in talks to buy batteries from China’s CATL to be assembled at a new US plant. According to sources close to the matter, the deal would resemble CATL’s partnership with Ford and Tesla. The deal would… Continue reading GM may buy Chinese EV batteries, but they will be made in the US

UAW, U.S. dealers increase criticism of Stellantis CEO over cuts, sales declines

Carlos Tavares, CEO of Stellantis, poses during a presentation at the New York International Auto Show in Manhattan, New York, on April 5, 2023. David Dee Delgado | Reuters DETROIT – Stellantis‘ U.S. dealer network has joined the United Auto Workers union in criticizing CEO Carlos Tavares for the company’s recent sales declines, factory production… Continue reading UAW, U.S. dealers increase criticism of Stellantis CEO over cuts, sales declines

CEO of Ford’s highly profitable Pro business to retire

Ted Cannis, chief executive officer of Ford Pro, speaks during an interview in New York, on Thursday, July 28, 2022. Victor J. Blue | Bloomberg | Getty Images DETROIT — The head of Ford Motor‘s highly profitable “Pro” commercial and fleet business will retire at the end of this month, the company said Thursday. The… Continue reading CEO of Ford’s highly profitable Pro business to retire

GM and Hyundai agree to explore collaboration on vehicles and manufacturing to reduce capital spending

Mary Barra, chair and CEO of General Motors, and Euisun Chung, executive chair of Hyundai Motor Group, during the signing of an agreement between the two companies to explore future collaboration across key strategic areas. Courtesy image DETROIT — General Motors and Hyundai Motor have entered into an agreement to explore “future collaboration across key… Continue reading GM and Hyundai agree to explore collaboration on vehicles and manufacturing to reduce capital spending