Manufacturing

Intel ousts CEO Krzanich after relationship with employee

Intel removed Brian Krzanich as CEO after the chipmaker learned he previously had a consensual relationship with an employee, a violation of the company's policies.


Canada's Trudeau doubts Trump wants to impose auto tariffs

Canadian Prime Minister Justin Trudeau said Wednesday he doubted whether U.S. President Donald Trump would carry out a threat to impose tariffs on light vehicles, given the economic damage such a move would cause.

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MORE MANUFACTURING NEWS OEM/SUPPLIERS EXECUTIVES
Study questions massive investments in AVs

Billions of dollars will be lost by many automakers that continue to invest in autonomous and electric vehicles while consumer buy-in remains low, a study from consulting firm AlixPartners says.

Continental board plans powertrain IPO, report says

Continental's supervisory board is moving ahead with plans for an initial public offering of its powertrain unit and a new corporate structure by early July, a sign the supplier's biggest overhaul in decades is taking shape, according to people familiar with the matter.

Automakers burned as U.S.-China spat flares

Fears of a full-blown global trade war moved closer to reality last week as the United States delivered on a threat to impose a 25 percent tariff on $50 billion worth of Chinese imports,

Visteon CEO battle: 'Vendetta' or get-tough stance?

Visteon, in disclosing the online porn and prostitution pursuits of former CEO Tim Leuliette, appears to have joined a movement among corporations to air executive indiscretions rather than sweep them under the rug.


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