Tag: car makers
Italy hopes for new beginning with Stellantis after Tavares exit
The departure of Carlos Tavares from Stellantis in early December has opened the door for the Italian government to reconcile its relationship with the...
Carlos Tavares breaks silence on his sudden yet ‘amicable’ Stellantis departure
Carlos Tavares, the former CEO of Stellantis, made headlines with his sudden resignation in early December, leaving the automotive industry in shock. Now, he...
Elon Musk’s political influence pushes Tesla stock to new heights
Tesla's stock closed at a record high of $424.77 on Wednesday, surpassing its previous peak in 2021. The electric vehicle maker has experienced a...
Billy Busch shares insights on sustaining a family business empire
Building a business empire is an incredible feat; however, maintaining it throughout generations is an entirely different challenge. In today's episode of CBT Now,...
GM leads the pack in Car and Driver’s 2025 10Best competition
General Motors (GM) is taking center stage in Car and Driver’s 2025 10Best competition, securing four spots across two categories—more than any other automaker....
John Elkann takes lead at Stellantis after Tavares exit
Stellantis CEO Carlos Tavares' sudden resignation has sent shockwaves through the automotive industry. This departure is especially surprising since Tavares had only recently announced...
Tesla tops November global market with $1.1 trillion growth
In a significant development, Tesla's market value surged in November, catapulting it to the forefront of the global market and putting it in direct...
Trump’s tariffs threaten to slow U.S. EV market after 1M milestone
The electric vehicle (EV) market has hit a significant milestone, surpassing 1 million vehicles sold in the U.S., and is poised for further growth...
Jose Muñoz appointed global CEO of Hyundai Motor, effective January 1
On November 14, Hyundai Motor Company announced a significant shift in its C-suite leadership team. Jose Muñoz, COO of Hyundai Motor and CEO of...
Hyundai expands its U.S. operations with $5 billion EV battery plant
To boost Hyundai’s electrification efforts, the Korean automaker announced on April 25 that it finalized plans for a $5 billion EV battery plant in...