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Ford reveals CEO Jim Farley’s latest pay raise

Teslarati

A recent filing has revealed Ford CEO Jim Farley’s latest pay increase, with his total compensation increasing by as much as 26 percent in 2023. Securities and Exchange Commission (SEC) last week, Ford revealed that CEO Jim Farley’s total compensation in 2023 was nearly $26.5 In proxy statement filed with the U.S.

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Ford begins deliveries of the F-150 Lightning electric pickup in Europe

Teslarati

Ford has begun deliveries of its F-150 Lightning electric pickup truck in Europe, with the first of the units going to a couple located in Norway. As reposted with photos by Ford CEO Jim Farley on X on Saturday, the first F-150 Lightning in Europe has been delivered to Dag and Angela, who are originally from Texas and now live in Norway.

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ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants

Green Car Congress

The ICCT study finds that the United States’ share of cumulative global EV production decreased from 20% to 18% since 2010 and only 15% of the approximately $345 billion in global automaker EV investments are flowing to the US. In terms of annual EV production, Europe’s 1.1 Source: The ICCT. million nearly matched China’s 1.27

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Tesla raises wages for U.S. production workers as UAW drive looms

Teslarati

production plants to begin the year, joining other non-unionized automakers following a successful set of strikes against the “Big Three” from the country’s largest automotive union. production workers as UAW drive looms appeared first on TESLARATI. Tesla has increased wages at its U.S. factories in November.

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Italian Government Upset Alfa Romeo ‘Milano’ Will Be Built in Poland

The Truth About Cars

However, the country also allowed Fiat Chrysler Automobiles to be sold to the French, resulting in Stellantis. As an American, I’m not exactly thrilled what the brand has in store for Dodge and Chrysler either. That’d be like Ford or General Motors producing something called “The Detroit” and then having it built somewhere in Mexico.

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Junkyard Find: 1977 Dodge Tradesman 200 Mystery Machine

The Truth About Cars

The Chrysler Corporation sold vans based on the B-Series platform from the 1971 through 2003 model years, giving them Dodge , Plymouth and Fargo badging along the way. Today's Junkyard Find is a first-generation B-van, found in a Colorado boneyard. Ford and GM stuck with their B-Series competitors for similar spans. Such luxury!

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Stellantis has cut 400 salaried engineering, tech, and software positions

Teslarati

Dodge and Chrysler’s parent company, Stellantis, has announced plans to lay off around 400 salaried workers from various positions across engineering, technology, and software. ” The layoffs will take effect on March 31, and employees will receive severance, along with other assistance in the process of the job transition.

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