BizLizzy Reporter, Author at Business, Science & Industry News - Page 1053 of 1807

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BMW struggles to cut 5,000 jobs, may increase incentives
Auto May 29, 2020 , by BizLizzy Reporter
While BMW typically loses and replaces about 5,000 employees every year due to normal attrition, uncertainty caused […]
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Uber launches hourly ride booking option in some U.S. cities
Auto May 29, 2020 , by BizLizzy Reporter
Uber said it decided to expand the hourly feature to the U.S. after riders requested an option […]
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TrueCar to eliminate 219 jobs in restructuring
Auto May 28, 2020 , by BizLizzy Reporter
The cuts, prompted by the coronavirus outbreak and the end of a key partnership with USAA Federal […]
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FCA wants money back after overpaying 24,000 workers
Auto May 28, 2020 , by BizLizzy Reporter
The employees received on average $500 more than they were entitled to under the UAW’s contract because […]
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ZF to cut up to 15,000 jobs by 2025, report says
Auto May 28, 2020 , by BizLizzy Reporter
The supplier said in an email to employees that half the job cuts would be in Germany, Reuters […]
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VW board OKs Ford alliance projects
Auto May 28, 2020 , by BizLizzy Reporter
Among the shared projects specified by VW are a midsize pickup to be developed by Ford, a […]
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Icahn exits bankrupt Hertz at loss of almost $1.6 billion
Auto May 28, 2020 , by BizLizzy Reporter
Icahn, 84, sold his entire 55.3 million shares of Hertz stock on Tuesday for 72 cents a […]
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Nuro teams with CVS for self-driving medicine delivery
Auto May 28, 2020 , by BizLizzy Reporter
Self-driving delivery company Nuro has already worked with Walmart and Kroger. On Thursday, it added another big […]
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Geneva show under threat amid bailout dispute
Auto May 28, 2020 , by BizLizzy Reporter
Automakers’ worries over the continuing fallout from the pandemic and a loan dispute between event organizers and […]
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GM, Ford use payment programs with banks to aid suppliers
Auto May 28, 2020 , by BizLizzy Reporter
Keeping small suppliers afloat financially is critical for the automakers as they try to restart North American […]
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Nissan to cut costs, capacity, lineup in sweeping overhaul
Auto May 28, 2020 , by BizLizzy Reporter
The automaker aims to cut $2.78 billion in fixed costs and reduce global production capacity from 7.2 million […]
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Driver death rates on the rise despite better vehicle designs, safety tech
Auto May 28, 2020 , by BizLizzy Reporter
The rate has risen since the Insurance Institute for Highway Safety’s report on 2011 model-year vehicles. For […]