based company to $894 million. The latest tranche raises Toyota’s stake to 15.3%, surpassing that of Joby CEO JoeBen Bevirt. A U.S. spokesman for Toyota confirmed the payment. Joby has said it ...

Stellantis named Antonio Filosa, 51, of Naples, Italy, as the next CEO, succeeding Carlos Tavares. Filosa has worked with Stellantis-associated brands since 1999 — long before Stellantis ...

“We’re already seeing the benefit of working with Toyota in streamlining manufacturing processes and optimizing design,” said JoeBen Bevirt, founder and CEO of Joby. “This is an important ...

Luminar, the lidar company founded by recently replaced CEO Austin Russell, is going through another restructuring, according to a recent regulatory filing. This new round of layoffs, which the ...

Near the end of the Q&A session, one reporter asked Toyota President and CEO Koji Sato a rather unexpected question, per the company’s own Toyota Times publication: How does the boss feel about ...

A ruling in the House v. NCAA settlement is finally expected this week, and part of the resolution will include a new enforcement organization and CEO to oversee college athletics, according to ...

Toyota President and CEO Koji Sato has said “a car is not a car if it’s not fun.” He contends model updates, slightly better fuel efficiency, and new designs aren’t enough. Instead ...

Toyota has big product plans for the coming year, the automaker set to roll out two dozen new, refreshed and special models this year. But the plans could be impacted by the new Trump auto import ...

Billionaire Elon Musk said Tuesday he's committed to being CEO of Tesla in five years' time as the automaker faced intense consumer and stockprice pressure over his work with President Donald ...

The president and CEO of NV Energy has resigned, just days after staffers at a state regulatory agency accused the utility of overcharging customers by millions of dollars. Doug Cannon announced ...

Artificial intelligence may not steal your paycheck, but it will raid your job description, warns Chris Hyams, the CEO of popular job-search platform Indeed. What Happened: “The good news is ...