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BMW CEO says market demand, not politics, will guide U.S. EV investment

BMW Zipse
Zipse has expressed frustration with the Inflation Reduction Act that ties EV tax credits to North American production and sourcing of key parts and raw materials.
UK
By:
Urvaksh Karkaria
January 11, 2023 02:51 PM

BMW Group CEO Oliver Zipse said the automaker will do what makes business sense and not be forced off-course by political agendas.

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Stellantis
New Stellantis CEO Antonio Filosa faces series of hurdles

Filosa’s ability to honestly assess where Stellantis has erred in recent years could prove vital as he works to repair relationships with dealers, suppliers and employees.

VB
By:
Vince Bond Jr.
New Stellantis CEO Antonio Filosa faces series of hurdles
Manufacturing
Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal
BN
By:
Bloomberg News
Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal
China
Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output
RN
By:
Reuters News
Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output
Finance Insurance
FTC seeks to drop one count against Asbury after Trump executive order on disparate impact
JH
By:
John Huetter
FTC seeks to drop one count against Asbury after Trump executive order on disparate impact

Latest News

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