EV startup Rivian Automotive has named its first chief sustainability officer, Anisa Kamadoli Costa, who will oversee the automaker’s climate goals, including carbon neutrality in its own operations by 2028. Costa most recently held the position of chief sustainability officer at Tiffany & Co. and served as president of the Tiffany & Co. Foundation, Rivian […]

Volkswagen Group said on Thursday its preliminary first-quarter operating return on sales jumped to 13.5 percent from 7.7 percent in the same period of 2021, but the impact of the war in Ukraine and supply chain bottlenecks was still uncertain. “The effects of the further course of the Ukraine war still cannot be predicted with

Stellantis CEO Carlos Tavares on Wednesday took a bullish stance on the U.S. market despite rising fears of a downturn. Speaking at the automaker’s annual shareholders’ meeting, Tavares said Stellantis was confirming its forecast for double-digit operating income margin this year, and added that expected sales in North America, especially in its highly profitable U.S.