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5834 Lexus chief's ascension comes at make-or-break moment for Toyota
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Lexus chief's ascension comes at make-or-break moment for Toyota
The world’s No. 1 automaker has a new CEO, and the transition of power could not have come at a more pivotal time. Toyota Motor Corp. on Thursday surprised the market when it announced that Lexus President
5832 Tesla's ex-CFO says timing of Musk's go-private tweet wasn't ideal
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Tesla's ex-CFO says timing of Musk's go-private tweet wasn't ideal
Tesla Inc.’s former chief financial officer told a jury that Elon Musk’s 2018 tweet about taking the company private was at odds with a regulatory preference not to release “material
5830 Musk tells jury he had 'no ill motive' behind Tesla tweet
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Musk tells jury he had 'no ill motive' behind Tesla tweet
SAN FRANCISCO – Tesla Inc. CEO Elon Musk testified Tuesday that he intended to inform and not deceive shareholders when he tweeted in 2018 that he had funding lined up to take the electric car maker
5828 Elon Musk resumes testimony in defense of his tweets
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Elon Musk resumes testimony in defense of his tweets
Elon Musk testified that Saudi Arabia’s sovereign wealth fund “unequivocally” wanted to take Tesla Inc. private in 2018, a core element of his defense to claims that his tweets about
5826 ZF's Heat Belt: Nice for drivers and range
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ZF's Heat Belt: Nice for drivers and range
German parts supplier ZF Group’s heated seat belt promises to increase driver comfort in cold weather and even conserve battery range in electric vehicles in the process. The Heat Belt contains
5824 Musk downplays impact of his tweets at Tesla trial
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Musk downplays impact of his tweets at Tesla trial
Tesla Inc. CEO Elon Musk played down how much impact his tweets have on the company’s stock price as he defended himself at a trial over his 2018 tweet about taking the electric car-maker private. “It’s
5822 Carl Hahn transformed VW into global powerhouse
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Carl Hahn transformed VW into global powerhouse
Carl Hahn, the visionary German executive who championed the Beetle and Microbus in the U.S. and later led Volkswagen Group’s international expansion into China in the 1980s, died Jan. 14. He was
5820 VW to promote Hein Schafer, Rachael Zaluzec into sales, marketing roles
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VW to promote Hein Schafer, Rachael Zaluzec into sales, marketing roles
Volkswagen of America will promote two longtime executives into sales and marketing roles and has parted ways with a former Honda sales executive. Hein Schafer, 43, currently senior vice president of
5818 Musk's tweet cost investors millions, jury told
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Musk's tweet cost investors millions, jury told
Elon Musk misled Tesla Inc. shareholders when he tweeted in 2018 about taking the company private with “funding secured” and cost them millions of dollars, a lawyer for investors told jurors
5816 Volvo creates U.S. and Canada division; Gustafsson will step down
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Volvo creates U.S. and Canada division; Gustafsson will step down
Volvo Cars is restructuring its Americas business and spinning the U.S. and Canada markets into a separate unit. Anders Gustafsson, 54, head of Volvo Cars Americas and CEO of Volvo Car USA, will give
5814 Musk wins as biggest loser in history
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Musk wins as biggest loser in history
For most of last year, Tesla CEO Elon Musk had more money than anyone else on the planet. Now he holds the dubious distinction of losing more money than anyone who’s ever lived. Guinness World
5812 Carl Hahn, VW CEO who led automaker's China expansion, dies at 96
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Carl Hahn, VW CEO who led automaker's China expansion, dies at 96
Carl Hahn, who led Volkswagen Group’s international expansion in the 1980s, died on Saturday. He was 96. Hahn died in his sleep at his home in Wolfsburg, according to a spokeswoman from his charitable
5810 U.S. judge rejects Musk bid to move 'funding secured' trial out of San Francisco
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U.S. judge rejects Musk bid to move 'funding secured' trial out of San Francisco
Tesla Inc. CEO Elon Musk’s request to get his upcoming securities fraud trial moved out of San Francisco was rejected by a federal judge, who overrode a spirited argument that Musk faces a biased jury
5808 Convert old cars to EVs? Akio Toyoda has a plan
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Convert old cars to EVs? Akio Toyoda has a plan
CHIBA, Japan — Akio Toyoda has a new proposal for the global auto industry’s war on carbon levels: He wants to convert old cars to electrics. Even if all the world’s new vehicles are replaced
5806 Elon Musk’s Tesla hype machine breaks down
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Elon Musk’s Tesla hype machine breaks down
For years, Elon Musk paid zero dollars for traditional advertising while almost singlehandedly keeping Tesla — and himself — front and center. With a never-ending stream of tweets, television and
5804 Ford's top labor negotiator to retire ahead of UAW talks
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Ford's top labor negotiator to retire ahead of UAW talks
DETROIT — Ford Motor Co.’s top labor executive is retiring ahead of contract talks with the UAW later this year. John Savona, vice president of Americas manufacturing and labor affairs for Ford
5802 Top Rivian executives depart as EV maker misses production targets, report says
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Top Rivian executives depart as EV maker misses production targets, report says
Several top executives at Rivian Automotive Inc., including the vice president overseeing body engineering and its supply-chain chief, have departed in recent months, The Wall Street Journal reported
5800 Tesla's new No. 2 won Elon Musk over by working around the clock
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Tesla's new No. 2 won Elon Musk over by working around the clock
In a Twitter photo celebrating Tesla Inc. producing 3,000 Model Ys a week at its Texas factory last month, Zhu Xiaotong, who goes by Tom Zhu, stood smiling to the left of the large crowd in a hi-visibility
5798 Ex-GM exec lost his son to distracted driving. Fighting it is now his full-time job.
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Ex-GM exec lost his son to distracted driving. Fighting it is now his full-time job.
Six years after personal tragedy inspired a mission to end distracted driving, Steve Kiefer said his foundation has made progress despite Michigan roads being as dangerous as ever. The Kiefer Foundation
5796 Stellantis designer Ralph Gilles on awards, his heroes and his favorite wheels
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Stellantis designer Ralph Gilles on awards, his heroes and his favorite wheels
Canadian automotive designer Ralph Gilles feels shaken to “the core” to have received the EyesOn Design award because it’s awarded by past recipients — his heroes. “If you look back at the
5794 Toyota chief Toyoda tests positive for COVID, cancels business event attendance
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Toyota chief Toyoda tests positive for COVID, cancels business event attendance
TOKYO — Toyota President Akio Toyoda has tested positive for COVID-19 and will be absent from a series of New Year events to be held by Japanese business lobbies on Thursday, a company spokesperson
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