Automaker struggled with "frustrating" financial and operating results in last year.
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Hallett, 69, is also stepping down as chairman of the company's board of directors, a role he held since 2014. Michael Kestner, KAR Global's lead independent director since 2019, will assume that role April 1.
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Jackson says his departure was a mutual decision with CADA and plans to announce his next position soon.
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The Elon Musk-led carmaker is expected to announce quarterly delivery and production figures in early April, providing an initial glimpse into how well the company’s strategy of chasing volume over profit margins worked.
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Nissan responded to a Japanese report that said that the final contract on the alliance's reboot may be delayed due to extended discussion on electric vehicles and intellectual property.
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The SEC opened the probe into Canoo in early 2021 in part to look into the startup’s merger with a special purpose acquisition company.
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The recall covers 2023 Tesla Semi trucks, the first of which was delivered in December to PepisCo's Frito-Lay plant in Modesto, Calif.
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GM's decision to stop offering those systems in future electric vehicles, starting with the 2024 Chevrolet Blazer, could help the automaker capture more data on how consumers drive and charge EVs.
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The choice of Shanghai for the Formula One team’s public debut is strategic because China is Audi’s biggest market, and at the same time has a huge base of F1 fans.
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Newly negotiated trade deals on critical minerals could qualify as a free-trade agreement, Treasury says.
Continue Reading the above article 'EV tax credit sourcing rules to take effect in Apr...