Recently a report has come The Financial Times It was said that Volkswagen’s current financial situation requires major changes within the global organization. And because of that, it was possibly considering selling parts of its business, including Ducati. When contacted for comment, a VW spokesperson did not deny the rumors ride separately, That being said,
Tim Steiner, CEO of Ocado Group, is also a co-founder of the company. (Chris Ratcliffe/Bloomberg) July 6, 2026 2:57 pm, EDT key takeaways: Ocado Group said on July 6 that CEO Tim Steiner would step down at the start of its 2028 financial year after accelerating succession planning. Shares fell 4.5% on July 6 amid
Although the Honda–Nissan merger failed, the two companies are still interested in collaborating. Honda CEO and President Toshihiro Mibe says they are “close to an announcement.” Both are working on several projects, but there are no plans to merge. Honda and Nissan made headlines in December 2024 when they signed a memorandum of understanding (MOU)
Departure of Stefan Hartung, CEO of Robert Bosch. (Qilai Shen/Bloomberg) June 26, 2026 1:20 pm, EDT key takeaways: Robert Bosch CEO Stefan Hartung will step down on July 1 and will be replaced by Deputy CEO Christian Fischer. Bosch said Hartung requested to leave as the supplier faces EV demand uncertainty, China competition, tariffs and
John Groendyke became president and CEO of the Oklahoma-based company following the death of his father, Harold, who founded the carrier in 1932. (Groendyke Transport) June 25, 2026 3:47 pm, EDT key takeaways: John Groendyke, former chairman and CEO of Groendyke Transportation and former chairman of NTTC, died on June 13 at the age of
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The hood badge of a new Maserati vehicle at a Maserati dealership in Los Angeles. (Eric Thayer/Bloomberg) June 17, 2026 3:25 pm, EDT key takeaways: Stellantis CEO Antonio Filosa said the company is discussing a Maserati partnership with two undisclosed potential partners. Filosa said the Maserati and Cassino, Italy, plants are not for sale, as
Ryder’s used vehicle sales in Q1 fell 10% year over year to 5,100 to 4,600, but climbed 27.8% or 1,000 vehicles compared to Q4 2025. (Coopersburg and Liberty Kenworth) June 12, 2026 12:50 PM, EDT key takeaways: Used truck market conditions improved in the second quarter and are expected to strengthen further in the second