U.S. District Judge Douglas Woodlock cited “the resurgence of a demanding criminal trial schedule,” the resumption of in-court, nontrial proceedings and writing responsibilities in other matters as reasons for the delay.
Honda will end output of the gasoline-electric hybrid at its Indiana plant in June to focus on hybrid versions of three core models — the CR-V crossover and the Accord and Civic.
A poison pill defense strategy allows existing shareholders the right to purchase additional shares at a discount, effectively diluting the ownership interest of the hostile party.
The Stellantis brand, still two years away from releasing its own battery-powered pickup, can’t beat its rivals on timing, so it’s working on setting a new benchmark instead.
Smaller auto suppliers can keep their business running until it sputters out, overtaken by EVs, or they can totally rebuild their business around electric motors or new industries with no promise of success.