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Nissan Motor Co Ltd
Nissan’s internal leadership clash forces top executive’s exit
...The impending departure of chief operating officer Ashwani Gupta, which four people with direct knowledge of the situation said was agreed after months of internal turmoil, removes one of the strongest opponents...
June 15, 2023
Tesla Inc
Tesla asks shareholders to approve move to Texas and ratify Musk’s pay
...“Notwithstanding these communications, redomestication is a board decision, not a decision for a chief executive officer,” it said....
April 17, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
News updates from February 15: White House discloses Russian ‘anti-satellite capability’, UK GDP contracts by more than expected
Stellantis warns of ‘turbulent year’ ahead
...Chief financial officer Natalie Knight also highlighted “macro economic developments, political developments, that keep things uncertain” during a call on Thursday morning....
February 15, 2024
Volkswagen AG
VW considers partnership to produce mass market electric vehicles
...Chief financial officer Arno Antlitz said it was “so difficult to make money in such a segment”....
March 13, 2024
Renault SA
Renault and Stellantis to increase costs cuts in ‘turbulent year’
...Renault’s chief financial officer Thierry Piéton said 2024 would be a “breakthrough year” for the company’s electric car push even after it recently called off a stock market listing for its EV division...
February 15, 2024
News in-depthGeely Automobile Holdings Co Ltd
Geely’s funding hopes clouded by Lotus share price collapse
...Lotus chief financial officer Alexious Lee said the company’s target segment — buyers of electric vehicles costing more than $80,000 — was large and growing every year....
March 11, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
Electric vehicles
Hyundai is big in America after focusing on smaller EVs
...“Electric [driving] was something which we saw as a very solid, very clear trend, and we needed to take advantage,” said José Muñoz, Hyundai’s chief operating officer and head of the business in North America...
January 8, 2024
Electric vehicles
Nissan and GM warn Trump’s plans to gut Inflation Reduction Act will hurt US EV sales
...General Motors chief financial officer Paul Jacobson said the IRA had “tremendous benefit” to the EV market, helping stimulate sales....
January 3, 2024
Trevor Milton
Former Nikola boss should not get prison time for fraud, his lawyers argue
...His “lack of corporate and financial sophistication” prompted him to ask Nikola’s chief financial officer to phone the Nasdaq exchange on the day of the company’s stock market listing to ask if it was “broken...
November 15, 2023
Panasonic Corp
Panasonic blames lacklustre Tesla demand for cut to profit outlook
...“The IRA has a price ceiling up to $80,000 and since the high-end models exceed that level, demand decreased,” said Panasonic’s chief financial officer Hirokazu Umeda on Monday....
October 30, 2023
VinFast LLC
VinFast loses more than $1.4bn despite rising revenues
...The company is also looking at “cost-cutting measures,” said chief financial officer David Mansfield....
October 5, 2023
Special ReportUK’s Leading Management Consultants
Consultants navigate regulatory sensitivities in the AI era
...Catriona Campbell, EY’s UK and Ireland client technology and innovation officer, says: “Like any new technology, AI products pose risks — many of which are not unique to AI, but are consistent across an...
February 29, 2024
Electric vehicles
Toyota takes on Tesla’s gigacasting in battle for carmaking’s future
...“To be honest, we are behind in gigacasting since we have yet to roll out a product,” Kazuaki Shingo, Toyota’s chief production officer, told analysts and investors....
November 6, 2023
The Big Read
Dyson and the divide over working from home
...“You can’t sit in front of a computer and do this stuff,” adds Mark Taylor, Dyson’s chief research officer. The messaging about returning to work was not all stick and no carrot....
September 27, 2023
Fashion shows
Daniel Lee takes Burberry back to its roots
...Then followed models Lily Donaldson, Naomi Campbell, Lily Cole and Edie Campbell. Are we back in the 2000s? Not quite, but you’d be forgiven for thinking so, given the return of models from that era....
February 20, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Julius Baer Gruppe AG
Julius Baer chief executive and board member to leave over Signa exposure
...Evie Kostakis, the bank’s chief financial officer, and chief risk officer Oliver Bartholet are expected to stay on. Rickenbacher’s departure was reported earlier by Bloomberg....
January 31, 2024
Automobiles
Chinese-backed carmaker Lotus ‘studying’ US factory
...Lotus expects to sell 150,000 cars by 2028, a level that would see it outgrow the Wuhan facility, which opened this year, the company’s chief commercial officer Mike Johnstone said....
July 13, 2023
Renault SA
Renault delays EV business listing as it raises profit guidance
...Improved sales were “even more favourable than we anticipated”, while costs rose more slowly than expected, chief financial officer Thierry Piéton, said on Thursday....
June 29, 2023
Northvolt AB
Northvolt receives $400mn funding from Canadian pension fund
...“We’re excited to partner with IMCO’s fundamental equities and global infrastructure teams to build the future of clean energy together,” said Alexander Hartman, chief financial officer of Northvolt....
June 20, 2023
Aston Martin
Aston Martin lays out plan to quadruple profit within five years
...“The focus that we have is on making sure that the balance sheet is robust,” said chief financial officer Doug Lafferty ahead of Tuesday’s investor update....
June 27, 2023
Energy Source
What to make of falling gas prices Premium content
...Ørsted has picked Trond Westlie as its new chief financial officer and Patrick Harnett as chief operational officer....
February 29, 2024
The Big Read
Here come the driverless taxis
...Saswat Panigrahi, Waymo’s chief product officer, says it took “a couple of months” to expand to Los Angeles — where the company is testing autonomously with and without a back-up driver — and only “a couple...
August 18, 2023
FT SeriesThe battery revolution
Rival battery technologies race to dominate electric car market
...“This is going to be a race to see who can develop the most advanced technologies in the world,” said Glen Merfeld, chief technology officer of Albemarle, the world’s largest lithium company....
August 14, 2023
Due Diligence
London’s private clubs face public revolt Premium content
...Hayfin Capital Management has hired Michaela Campbell as a managing director for the firm’s private credit team, according to a person familiar with the matter. She previously worked at BlackRock....
April 3, 2024
News in-depthChinese military
China’s newest aircraft carrier prepares to take to the seas
...“The Liaoning helped the Chinese navy get into aircraft carrier operating mode for the first time — working up a cadre of operators, generating a group of officers familiar with the issues....
September 13, 2023

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