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Automotive News

Plante Moran study: Auto suppliers in dark on EV plans

The study captures North American automaker-supplier relations as parts makers navigate financial pressures stemming from inflation, unstable automaker production schedules, the shortage of microchips and rising interest rates. Those pressures, which began in late 2019 with the onset of COVID-19 and the UAW’s strike at GM, have tested relations between suppliers and their customers. Suppliers said there needs to be greater and more timely communication and transparency on short-term supply chain disruptions and on any changes in forecasting, Plante Moran reported. And it was found that many parts companies are frustrated by what they see as a disconnect between what…

Automotive News

Elon Musk has found a new Twitter CEO

Elon Musk said on Thursday he has found a new chief executive for Twitter without naming the person and that he will transition to the role of chief technology officer of the social media platform within the next few weeks. “Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting in ~6 weeks!,” Musk said in a tweet. The Wall StreetJournal first reported that Comcast NBCUniversal executive Linda Yaccarino was in talks for the job. Word came Thursday that Yaccarino will leave NBC following the reports. Musk has previously not named any prospective candidates, and…