Top 5 stories of the week: Stellantis executive shuffle; GM expects to pare EV losses
A quick look at the top automotive stories of the week as determined by reader interest.
GM touts broad profitability to build investor confidence amid EV shift
CFO Paul Jacobson said GM expects flat financial results in 2025 even if pricing declines and that the automaker’s outlook should inspire confidence about its earnings potential.
International Motor Sports Association preps for growing roster of automakers and rising fan interest
The International Motor Sports Association had 18 brands competing in various series in the 2024 season. More automakers are set to join.
Stellantis confirms CEO Carlos Tavares to retire in 2026 amid broad management shake-up
The confirmation comes weeks after Stellantis said it was searching for his successor, though at the time it said it was possible he could remain after his contract expires.
Tesla says sub-$30,000 Cybercab will be 'very high volume' vehicle
The autonomous taxi is expected to anchor a Tesla-run ride-share service, but it will also be available to private customers.