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...Similarly, Ford replaced Jim Hackett in 2020 with Jim Farley, leading to a spike in 2020’s pay figures....
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...But the Japanese company’s hybrid models have been a massive success, so it seems like Toyota was right. Well, at least for now. Peter Campbell is the FT’s global motor industry correspondent....
...“I still love the company....
...The software update on 2.2mn vehicles covers Tesla’s 3, S, X and Y models and its new Cybertruck, almost every car the company has ever sold in the US, and was ordered because warning lights on the instrument...
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...The Californian carmaker now plans to fix software for all of its Model X, 3 and Y cars and many of its Model S cars in the US that were fitted with the system, the NHTSA said....
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...But until it comes on stream in 2024, the company will remain at a comparative disadvantage....
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...The company has said nothing since then but the price is now expected to be higher. Since it launched the Model S in 2012, Tesla sales have been of sedans and SUVs....
...By the time Tesla was included in the S&P 500 index, it had already become the sixth-largest US company by market capitalisation....
...P Global February construction PMI data US: Federal Reserve Beige Book Results: AIB Group FY, Breedon FY, Brown-Forman Q3, Campbell Soup Company Q2, Capita FY, CLS Holdings FY, ConvaTec FY, DS Smith Q3...
...“I was called difficult because I opened my mouth, period,” says Campbell....
...GM told analysts last week that the strike was costing the company $200mn a week, totalling $800mn in earnings before interest and taxes....
...“Ending emissions from road transport is the only way you will achieve net zero,” Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders, told BBC Radio 4’s Today programme....
...Results: Jack Daniel’s maker Brown Forman, Campbell Soup and sneaker seller Foot Locker and Thor Industries release earnings....
...If people also enjoyed imagining that the 20th century’s foremost screen-printer of soup cans was equally prescient about financial markets, they might misattribute this statement to him too: “In the future...
...The Street-led gambit has been to draw together a collection of big companies — EY, Mace, Arup, Arcadis — to look at what you do now, in the absence of HS2, and how you would fund it....
...Though the company only started selling in Europe a little over a year ago, it is already making inroads, Peter Campbell and Josh Gabert-Doyon report....
...First, they tried McKinsey’s statistical approach on S&P 500 companies, and found no significant relationship. Second, they fault McKinsey’s methodology....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
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...Under chief executive Peter Rawlinson, who made his name helping to develop the Tesla Model S, Lucid has created highly regarded battery and drivetrain technology....
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