Ford CEO Jim Farley's 2022 compensation falls slightly to $20.9 million
Automaker struggled with “frustrating” financial and operating results in last year.
KAR Global's Jim Hallett, former CEO, retires from executive chairman role
Hallett, 69, is also stepping down as chairman of the company’s board of directors, a role he held since 2014. Michael Kestner, KAR Global’s lead independent director since 2019, will assume that role April 1.
Tim Jackson parts ways with Colorado Auto Dealers Association
Jackson says his departure was a mutual decision with CADA and plans to announce his next position soon.
Tesla deliveries face one big question: Did price cuts work?
The Elon Musk-led carmaker is expected to announce quarterly delivery and production figures in early April, providing an initial glimpse into how well the company’s strategy of chasing volume over profit margins worked.
Nissan says it's confident deal with Renault will be sealed soon
Nissan responded to a Japanese report that said that the final contract on the alliance’s reboot may be delayed due to extended discussion on electric vehicles and intellectual property.