Scout Motors names former VW executive Burkhard Huhnke as CTO
Burkhard Huhnke held various roles in a 20 year span at Volkswagen Group. The hiring of a chief technical officer follows Scout's hiring of a chief production officer and chief design officer this year......»»
Scout Motors touts benefits of being a Volkswagen Group-backed startup
For EV brand Scout Motors, being a startup backed by Volkswagen Group has its perks, namely crucial resources such as supply chain and production......»»
Scout Motors, forging ahead as EV growth slows, breaks ground on S.C. plant
The groundbreaking of Scout Motors' $2 billion plant follows the fledgling automaker's decision to set up core R&D operations in Metro Detroit and a number of key hires......»»
Ex-Apple executive in the running to lead joint ESPN, Warner, and Fox sports streamer
Pete Distad once headed up sports on Apple TV+, and is now in the running to become CEO of the as-yet unnamed sports streaming network formed by the likes of Disney and Warner.Pete Distad (Source: LinkedIn)Distad was senior director of Video, Sports,.....»»
Lyft’s CEO says ‘my bad’ on margin error, ‘it was one zero’
Lyft Inc. Chief Executive Officer David Risher’s response to a clerical error that unintentionally inflated the company’s earnings outlook on Tuesday and sent shares soaring: “My bad.”.....»»
Lithia net income down 13%, revenue at record $7.7 billion in Q4
Lithia Motors Inc. Q4 2023 earnings: Car dealership group reached a record $7.7 billion in revenue but saw net income fall to $216 million......»»
Bollinger Motors picks LaFontaine Automotive as first commercial dealer
Bollinger Motors named LaFontaine Automotive Group its first authorized dealer as the EV company works to deliver an all-electric Class 4 commercial truck......»»
Rivian hires marketing chief from Meta after signing execs from Apple, Porsche and Stellantis
The new CMO, Jennifer Prenner, has held posts at Meta and Amazon. She joins recent executive hires from Apple and Porsche as Rivian prepares to present its R2 platform for future models in March......»»
AutoNation cut back regional executives, reports $7 million in severance expenses
The company said in a statement it is trying to reduce internal bureaucracy, improve decision-making response times and "increase direct interactions with the executive team.".....»»
Judge tosses Big Pharma suit claiming drug price negotiation is unconstitutional
The judge ruled that the court lacks jurisdiction. Enlarge / Stephen Ubl, president and chief executive officer of Pharmaceutical Research and Manufacturers of America (PhRMA), speaks during a Bloomberg Live discussion in Washing.....»»
Hankering for status found to drive non-executive directors to outstay effectiveness
Long-serving non-executive directors (NEDs) who can't wean themselves off the social status attached to belonging to the corporate board are failing shareholders and damaging the companies they are meant to serve, new research from the University of.....»»
GM Cruise nabs former Apple car exec for autonomous car safety chief role
A former Apple executive linked to the Apple Car has joined General Motors Cruise, becoming the chief of its self-driving taxi unit.Steve Kenner [Kodiak]Steve Kenner became the chief of safety at the GM autonomous vehicle unit on Monday, the company.....»»
GM Cruise robotaxi unit names former Ford, Apple exec as safety chief
Steve Kenner began his career at GM in 1978 and previously worked as global director of automotive safety at Ford, among other jobs......»»
Mozilla’s Mitchell Baker Steps Down as CEO
Baker will remain within the company as Mozilla Corporation Executive Chairwoman. The post Mozilla’s Mitchell Baker Steps Down as CEO appeared first on Phandroid. Mozilla recently announced that it would be undergoing significant cha.....»»
Countries Are Building Giant ‘Sand Motors’ to Protect Their Coasts From Erosion
As sea levels rise, engineers are using massive Dutch-inspired sand sculptures to protect shorefront settlements......»»
Report: Sam Altman seeking trillions for AI chip fabrication from UAE, others
WSJ: Audacious $5-$7 trillion investment would aim to expand global AI chip supply. Enlarge / OpenAI Chief Executive Officer Sam Altman walks on the House side of the US Capitol on January 11, 2024, in Washington, DC. (Photo by K.....»»
Nikola rejects board nominees from disgraced founder Milton
Nikola Corp. said it rejected several director nominees proposed by an entity controlled by founder and former Chief Executive Officer Trevor Milton, who was recently sentenced to prison for fraud......»»
Subaru names Nobuyuki Bando new U.S. plant CEO, Scott Brand COO
Nobuyuki Bando succeeds Ryota Fukumizu, who will return to Japan to a leading role in the parent company's manufacturing division......»»
Does naming a behavior encourage people to do it? A new study says yes
Researchers from Zeppelin University, University of Cologne, and UNSW Sydney have published a new study that explores marketing uses for "behavioral labeling," or giving behaviors specific names or tags to encourage people to adopt those behaviors......»»
Driverless vehicles covered five times more test miles in California in 2023
General Motors' Cruise unit and Google affiliate Waymo accounted for the bulk of the miles — 63 percent and 36 percent respectively — recorded without a safety driver, according to the state's department of motor vehicles......»»
New Stellantis N.A. chief seeks more dealer dialogue
Carlos Zarlenga, Stellantis' new top North American executive, said conversations with dealers can help the automaker grow......»»