Nissan is Profitable for the First Time in Years

Nissan is Profitable for the First Time in Years

Photo: Nissan Nissan is making money again, Rivian is not, and GM. All of that and more in The Morning Shift for May 12, 2022. 1st Gear: Nissan Nissan has had a weird three years or so following the ouster of former CEO Carlos Ghosn under circumstances that can only be described as too bizarre … Read more

Ford Creates Separate EV, Gas-Engine Divisions in Major Overhaul

Ford Creates Separate EV, Gas-Engine Divisions in Major Overhaul

Ford Motor Co. is reorganizing its operations to create two separate divisions—one for its conventional gas-engine business and another to focus on developing electric vehicles and software. Ford said Wednesday that it plans to keep both operations in-house with separate names and their own leadership structures and profit-and-loss statements. Eventually, the auto maker intends to … Read more