Tesla plans to increase its skilled work force in Germany as local officials expect production at the automaker’s first European factory to start this year despite setbacks.
U.S. releases confidential Trump report on foreign auto threat
German automakers had most at stake from Trump’s threatened trade penalties, analysts said. The former president often complained about the German cars’ presence on U.S. streets.
Mark Del Rosso, CEO of Genesis North America, has taken a leave of absence. Jose Muñoz, CEO of Hyundai Motor North America, has stepped in as interim Genesis chief.