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New planemaker chief says Boeing faces 'pivotal moment'

The new head of Boeing s troubled commercial airplane unit said the U.S. planemaker faces a pivotal moment as it works to boost quality and address significant concerns from regulators and airline.

Alaska
United-states
Mike-whitaker
Dave-calhoun
Larry-kellner
Stephanie-pope
Steve-mollenkopf
Alaska-airlines
Justice-department
Reuters
Boeing
Boeing-commercial-airplanes

Ford to pay $365 million over effort to evade US import tariffs

Ford Motor will pay $365 million to resolve U.S. allegations it violated a federal tariff law by misclassifying and understating the value of hundreds of thousands of its Transit Connect vehicles. .

Turkey
Washington
United-states
Chris-reese
Reuters
Ford-motor
Justice-department
Transit-connect
David-shepardson-editing
Markets

US lawmakers urge VW to exit Xinjiang operations

The chair of a U.S. House Committee on China and the top Democrat on the panel urged Volkswagen to halt operations in Xinjiang after thousands of vehicles with a small Chinese-made.

Washington
United-states
Turpan
Xinjiang
China
Beijing
Germany
Jiangxi
German
Chinese
Mike-gallagher
Oliver-blume

Stellantis CEO received 36.5 million euros in 2023 in total compensation

Stellantis CEO Carlos Tavares received 36.5 million euros in total compensation in 2023, the Italian-American automaker said on Thursday. Stellantis said the figure included long-term. -February 22, 2024 at 06:11 pm EST - MarketScreener

Italy
United-states
Carlos-tavares
Chris-reese
Reuters
David-shepardson-editing

Stellantis CEO received 36.5 million euros in 2023 in total compensation

Stellantis CEO Carlos Tavares received 36.5 million euros in total compensation in 2023, the Italian-American automaker said on Thursday. Stellantis said the figure included long-term. -February 22, 2024 at 06:11 pm EST - MarketScreener

United-states
Italy
Chris-reese
Carlos-tavares
Reuters
David-shepardson-editing

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