BLOOMBERG Tesla Inc Chief Financial Officer Zachary Kirkhorn stepped down after 13 years at the electric-vehicle maker, a surprise shakeup that raises new questions about succession in the top ranks of Elon Musk’s company. Kirkhorn, one of just four executive officers and a prominent voice for the company with shareholders, resigned from his duties, the company said in a regulatory …

BLOOMBERG Mazda Motor Corp will expand its electric vehicle lineup from around 2025 in response to declining sales in China, seeking to catch up with EV manufacturers in the world’s largest car market. Electrified vehicles — including hybrids and battery EVs — have taken over almost a third of the market in China. “The new trend is faster than we …

BLOOMBERG Maruti Suzuki India Ltd aims to double production to about 4 million vehicles a year by 2031 by introducing new models and boosting exports, according to the latest annual report from India’s biggest carmaker. The New Delhi-based company, which exports its cars from South Africa to Chile, plans to triple overseas sales to 800,000 units by the fiscal year …