How much money do the Big Three automaker CEOs make? Ford CEO Jim Farley earned $21 million in total compensation last year, the Detroit News reported, while Stellantis CEO Carlos Tavares made $24.8 million, according to the Detroit Free Press (Stellantis, which was formed in 2021 in a me...
Rich ParkinReid Wilk
Some say that the industry is in more pain than gain at this time. But the Chinese market offers so much potential that, until everything gets back to normal, the car makers will keep doing all they can to make these extraordinary times meaningful....
In the following article, new entrants looking for efficient ways to develop their car without compromising on quality or spending too much time and money will find a few basics on how to make their entry into the market considerably easier. Team up With Experienced Manufacturers Contract ...
some criticize this innovation in the automotive industry as too expensive and much better suited to other industries that have more difficulty in decarbonizing, such as aviation. Another issue of this promising innovation in the automotive industry is the supposed energy inefficiency of e-fuels, co...
The Power of Post-Purchase: How Automakers Can Maximize Customer Lifetime Value As the global automotive market sees a slowdown in growth and heightened competition, automakers must seek new ways to maintain their position. By shifting their focus from pre-sales and sales (e.g., un...
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Today’s vehicles, including hybrid and electric, are more connected than ever. We may not be Jetson’s level yet (as much as we may have hoped), but contactless digital experiences have dramatically changed customer expectations for how they buy and ser
“They realized … that they would never overtake the US, German, and Japanese legacy automakers on internal-combustion engine innovation,” says Tu. And research on hybrid vehicles, whose batteries in the early years served a secondary role relative to the gas engine, was already being led b...
You’re asking why there aren’t specific figures for how much each step costs. The reason is simple: not only is the data proprietary, but there is so much that goes into the construction of an automobile that it would take months, if not years, for an expert in economics to make se...