Tavares gives Chrysler, other brands 10 years

Glidden's new position will be combined with his existing role as general counsel.

ACV's net loss for the period was $17.4 million, compared with a loss in the year-ago quarter of $27.5 million.

Guyton will succeed Masahiro Moro, who will assume a newly created global position of chief communications officer in Japan.

The investment at the facility in Pontiac is expected to create 20 jobs, with the retooling to begin immediately.

EVE makes lithium iron phosphate batteries, which are cheaper to produce because they use iron instead of more expensive nickel and cobalt.

In the recent quarter ending March 31, Honda posted an operating profit of $1.93 billion following a $51 million loss a year earlier. Revenue advanced 5 percent to $32.85 billion.

Operating profit at Mazda bounced back as sales recovered from the pandemic slump and the company curbed marketing costs.

The deal calls for Fisker to design the vehicle and then hand it off to Foxconn to assemble at a plant in the U.S. No manufacturing locations were announced.

The federal regulatory discussion comes amid multiple reports of Tesla vehicle crashes around the country.

Penske Automotive Group named Shelley Hulgrave as CFO to replace the retiring J.D. Carlson, effective June 1.