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General Motors to Move from Long-Running Detroit HQ Into a New Location Across Town

The Truth About Cars

He did say that GM’s executives and corporate offices, including finance, legal, and other departments would make the move. That’s a significant reduction from RenCen’s 2.3 million square feet. GM President Mark Reuss said the company hadn’t determined how many employees would move to the new location.

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

The Truth About Cars

Investors, in particular European ones, are becoming increasingly sensitive to social aspects of corporates [sic],” Charles Pinel, CEO of Proxinvest, told Bloomberg in a recent interview. Legal challenges have also been raised on behalf of the manufacturer.

Legal 112
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Driving Dystopia: Eight Automakers Accused of Lying About Customer Data Protections

The Truth About Cars

While there are actually very few data protections on the federal level as they pertain to corporations, misrepresenting your business is something the FTC would be very interested in. Corporations go back on their word all the time and automakers have been among the worst offenders in recent years.

Kia 106
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A123 Systems receives interim court approval of $50M DIP financing from Wanxiang; responds to objections from Wanxiang, Fisker and others on asset sales process

Green Car Congress

announced that the United States Bankruptcy Court for the District of Delaware (the "Court") has granted A123 interim approval to use $50 million of Debtor-in-Possession (DIP) financing, which is being provided by Wanxiang Group Corporation (Wanxiang). Li-ion maker A123 Systems, Inc. Earlier post.). Earlier post , earlier post.)

Financing 225
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Cruise Outsources Review of Regulatory Response

The Truth About Cars

But the hiring of a legal team and technology experts makes it sound like it’s gearing up to defend itself. However, one wonders about how impartial outside companies tasked with doing an assessment actually are when they’re still on the corporate payroll. That’s understandable.

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Cleveland City Planners Change Policies to Create 15-Minute City

The Truth About Cars

This could be as simple as a company offering employees a transit pass or as complicated as a corporation helping to refurbish bus stations. Subsidies will also be awarded to businesses (via a points system) based around offering services encouraging public transportation and bicycling. But this is but a singular component.

Cleveland 110
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Lordstown Motors Goes Bust

The Truth About Cars

The lawsuit against Foxconn was already known of, as Lordstown issued an announcement earlier in the month stating that the Taiwanese firm had failed to adhere to its part of their corporate agreement. “As

Motor 100