#ExecutiveTeam

Kia Hotseat Reopens When COO Exits the Building

Kia Motors America is looking for a new number two behind Sean Yoon, president and CEO of Kia Motors America, because as reported by Automotive News, COO Bill Peffer quit one week into the job.

Jason R. Sakurai Jan 11, 2021

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28-Cars-Later Ford reported it lost $132,000 for each of its 10,000 electric vehicles sold in the first quarter of 2024, according to CNN. The sales were down 20 percent from the first quarter of 2023 and would “drag down earnings for the company overall.”The losses include “hundreds of millions being spent on research and development of the next generation of EVs for Ford. Those investments are years away from paying off.” [if they ever are recouped, emphasis mine] Ford is the only major carmaker breaking out EV numbers by themselves. But other marques likely suffer similar losses. https://www.zerohedge.com/political/fords-120000-loss-vehicle-shows-california-ev-goals-are-impossible Given these facts, how did Tesla ever produce anything in volume let alone profit?
AZFelix Let's forego all of this dilly-dallying with autonomous cars and cut right to the chase and the only real solution.
Zelgadis Elantra NLine in Lava Orange. I will never buy a dirty dishwater car again. I need color in my life.
Slavuta CX5 hands down. Only trunk space, where RAV4 is better.
Kwik_Shift_Pro4X Oof 😣 for Tesla.https://www.naturalnews.com/2024-05-03-nhtsa-probes-tesla-recall-over-autopilot-concerns.html

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