While the Hormuz Strait in Iran remains blocked, farmers in the US and around the world are feeling the pinch and rising costs are impacting what will be grown this spring.
All posts filed under: BUSINESS & FINANCE
From Jim Farley to RJ Scaringe, Auto CEOs Turn Off-Road Vehicles into Profit Engines
Read my story at The Observer Last month, Ford CEO Jim Farley told The Detroit News ahead of the Detroit Auto Show that vehicles like the Bronco, Raptor and Tremor have become major profit centers for the company. “The off-road business is very unusual because it’s extremely profitable, and the […]
Why Ford’s Electric F-150 Never Took Off
Read my story at The Observer. This week, Ford announced it will end production of the F-150 Lightning, the electric version of its best-selling pickup truck, and take a $19.5 billion write-down tied to its current and planned EV programs. The move marks a sharp reversal from […]
Rivian CEO’s $4.6B Pay Plan Mirrors Elon Musk’s–But the Tesla Playbook is Hard to Repeat
Earlier this month, electric carmaker Rivian unveiled a $4.6 billion compensation plan for its founder and CEO, RJ Scaringe—a package that has drawn comparisons to Tesla’s $1 trillion deal for Elon Musk. Like Musk’s award, Rivian’s plan hinges on a series of highly ambitious performance targets over the next […]
Honda CEO Toshihiro Mibe on the Carmaker’s High-Stakes Return to Formula 1
Read my story from the Observer. Honda has moved in and out of Formula 1 multiple times over the past 60 years, depending on the state of business. “Business is going good sometimes, and going bad sometimes,” Honda Global CEO Toshihiro Mibe told a roundtable of reporters, including Observer, in […]
Porsche’s 99% Profit Tumble Signals Trouble for Luxry Brands Worldwide
Read my story at The Observer. Porsche’s billion-dollar loss last week isn’t just a setback for one of the world’s most profitable automakers—it’s a warning shot for the entire luxury economy. After years of record profits fueled by cheap credit and post-pandemic “revenge spending,” the […]
Ferrari’s First EV Arrives, But Its Electric Drive Slows Down
Read my story at Observer. Yesterday (Oct. 8) in Maranello, Italy, luxury automaker Ferrari lifted the hood on its first all-electric vehicle, the Elettrica, after five years in development—while simultaneously halving its electric ambitions. The new car marks Ferrari’s long-awaited entry into the EV market, but also […]
Legacy Automakers Tap the Brakes on EVs as Road to Mass Adoption Gets Bumpy
Read my story at Observer, here. After years of ambitious pledges and multibillion-dollar bets on the future of electric vehicles, legacy automakers are facing a cold market reality: consumer adoption has slowed, incentives have dried up, the political and cultural debate around EVs has grown […]
BMW Leans into Electrification with the New BMW iX3
BMW continues to lean into EVs even though the political and cultural climate is changing. This is my story for The Observer.
An ICE raid at an EV factory raises fears about US instabilityAn ICE Raid
Read my story at The Verge. International automotive companies like Hyundai spend billions of dollars building plants and training workers in the US, and the ICE raid is likely to have a long-term cooling effect on those investments. by Abigail Bassett A banner depicting an Immigration […]
The Next Generation of Start Up Funding: A Blueprint in Alabama
Watch the full panel at Fast Company here. Venture capital fuels the world of startups. But for founders located outside major startup hubs such as San Francisco, New York, and Los Angeles, capital often remains just out of reach—no matter how promising the idea. At […]
An Interview with GM CEO, Mary Barra
Read my exclusive interview with GM CEO, Mary Barra, at The Verge. GM was the first major US automaker to make the promise to go all-electric by 2035, just four years ago. Those promises have since turned into rough estimates under the second Donald Trump presidency, […]