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Stellantis Investors Fume Over CEO Pay Amid Job Cuts, Plant Closures, Supplier Strife

The Truth About Cars

Stellantis CEO Carlos Tavares’ pay increase has annoyed a subset of shareholders as the automaker positions itself for more layoffs and attempts to shift the production of electric vehicles to countries where labor is cheaper. They are even willing to accept lower dividends or to make efforts if the social context is complicated.” In the U.S.,

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Lordstown Motors Goes Bust

The Truth About Cars

Lordstown’s share price collapsed in 2021 and the company has suffered numerous production delays. Former chief executive of Lordstown Motors, Steve Burns, managed to sell off every share of his stock before the company filed for Chapter 11. Though the writing was already on the wall for the Ohio-based electric vehicle manufacturer.

Motor 101
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USCAR helps to develop charging-readiness tools for plug-in & electric vehicles through US DRIVE

Green Car Congress

Founded in 1992, USCAR is the collaborative automotive technology company for Chrysler Group LLC, Ford Motor Company and General Motors. The goal of USCAR is to further strengthen the technology base of the domestic auto industry through cooperative research and development.

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Opinion: GM Shouldn’t Kill Apple CarPlay, Android Auto

The Truth About Cars

General Motors announced its intention to drop Apple CarPlay and Android Auto on its upcoming EVs earlier this year. Now we have a new piece out in Motor Trend in which the company explains in so many words that the decision is all about driver safety. Yeah, I have similar feelings here.

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DOE Turns Down V-Vehicle Loan Applications

Green Car Congress

The DOE conducted an extensive technical, market, financial, regulatory, credit and legal analysis following its determination that the applications were substantially complete in May 2009. The first production prototype of the V Car is in testing and the projected national on-sale date was planned for the fourth quarter 2011.

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

The economic impact of a General Motors or Chrysler bankruptcy is being debated across the country. According to Marcero, who is part of the firm’s Corporate Advisory and Restructuring Services team based in Southfield, Mich., This would help automakers identify and support the most viable companies. The Role of Banks.

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America’s lithium laws fail to keep pace with rapid development – ET Auto

Baua Electric

These legal ambiguities are the latest impediment – alongside technical challenges and sagging commodity prices – to America’s plans to produce more of its own lithium and wean the country off foreign supplies, according to interviews with regulators from seven U.S.