Bob Brockman faces February trial in U.S. tax evasion case

Former Reynolds and Reynolds Co. CEO Bob Brockman will stand trial on criminal tax evasion charges in February 2023, a federal judge said Tuesday. Attorneys for Brockman, 81, also told…

Highlights from the latest Daily Drive podcasts, June 20-23

Here are highlights from the latest episodes of ‘Daily Drive’, Automotive News’ weekday podcast, June 20-23, hosted by Jamie Butters with Kellen Walker. “I say that there are three buckets…

VW loses 2 EV execs as ID4 production begins

As Volkswagen begins U.S. production of the ID4 compact crossover, two experienced, high-profile executives who helped guide the rollout of the brand’s electric vehicle transition on the continent have departed…

Maryann Keller, formidable Wall Street analyst, pundit and frequent Detroit 3 critic, dead at 78

Maryann Keller, one of the first women on Wall Street to cover the auto industry and later a widely respected consultant who became a formidable critic of management at Detroit’s…

New U.S. criminal fraud charge filed on Nikola founder Trevor Milton

NEW YORK — U.S. prosecutors on Wednesday added a new wire-fraud charge to their case accusing Trevor Milton, the founder and former CEO of Nikola Corp., of defrauding investors by…

Toyota brings back former executive Julie Hamp as media adviser to President Akio Toyoda

TOKYO — Julie Hamp, the global communications executive who broke the glass ceiling at Toyota Motor Corp. only to be arrested in Japan and sent to the U.S., is back…

Musk details Tesla job cuts as recession fears grow

DOHA — Tesla Inc. CEO Elon Musk said a 10 percent cut in salaried staff at the electric vehicle producer will happen over three months, as the world’s richest man…

Highlights from the latest Daily Drive podcasts, June 13-16

Here are highlights of the latest episodes of ‘Daily Drive’, Automotive News weekday podcast, June 13-16, hosted by Jamie Butters with Kellen Walker. “Every technology that can go wireless, I…

SpaceX staffers allegedly fired for calling out Musk

A group of SpaceX employees was reportedly fired last week after writing an open letter decrying CEO Elon Musk as a frequent “embarrassment” to the company. The letter to SpaceX…

Toyota pushes back against criticism about pace of EV transition

TOYOTA, Japan — Toyota Motor Corp. pushed back against critics who say it has been slow to embrace electric vehicles, arguing it needed to offer a variety of powertrains to…

Volvo shuffles executive ranks

Volvo CEO Jim Rowan has made sweeping changes to his leadership team, naming two deputy CEOs and moving four of the 11 executives off the automaker’s highest management tier, as…

Musk sued for alleged Dogecoin pyramid scheme

NEW YORK — Elon Musk was sued for $258 billion on Thursday by a Dogecoin investor who accused him of running a pyramid scheme to support the cryptocurrency. In a…

Toyoda says his successor must have 'unshakable conviction'

Toyota Motor Corp. is working to foster candidates capable of eventually taking the top job, President Akio Toyoda told shareholders at an annual meeting. The world’s No. 1 automaker is…

Musk warns of 'very tough quarter' for Tesla

Tesla Inc. has had a “very tough quarter” as it struggles with supply-chain snags, CEO Elon Musk warned in an internal memo, imploring workers to help get the EV maker…

EV-truck startup Electric Last Mile files for Chapter 7 bankruptcy, plans to liquidate

Electric Last Mile Solutions Inc. said it plans to liquidate through a Chapter 7 bankruptcy process, a decision that comes almost one year after the electric-vehicle startup went public and…

Weinstein sues over pain from crashing his free Jeep

Former Hollywood movie producer Harvey Weinstein, now in prison after being convicted of sex crimes, last week sued Jeep‘s U.S. parent company over a 2019 crash in which he flipped…

Liebert out after another short stint as a CEO

Carl Liebert’s career in the real estate business lasted just 20 months, but that’s still more than four times as long as he survived in auto retailing. Liebert, who was…

Tesla fans urge Elon Musk to revive PR team after weekend of layoff confusion

Tesla Inc. CEO Elon Musk has long been at odds with the media. So much so that the automaker dissolved its public relations department two years ago, essentially making Musk…

Highlights from the latest Daily Drive podcasts, May 31-June 2

Here are highlights from the latest Automotive News ‘Daily Drive’ podcasts, May 31-June 2, hosted by Jamie Butters with Kellen Walker. “We teach decision-making, teamwork, all that sort of stuff.…

Elon Musk threatens to drop Twitter deal

Twitter Inc. reiterated it would hold Elon Musk accountable to the terms of his proposed $44 billion takeover offer after the Tesla CEO again threatened to pull out of the…

Toyota's Bob Carter to retire as N.A. sales boss; Jack Hollis to succeed him

Toyota Motor North America announced a series of top-level executive moves, including the pending retirement of its longtime head of sales, Bob Carter, effective this month. A large number of…