BizLizzy Reporter, Author at Business, Science & Industry News - Page 1070 of 1807

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CDK quarterly profit falls, forecasts lowered, costs contained
Auto May 5, 2020 , by BizLizzy Reporter
The impact of COVID-19 prompted CDK Global to lower its revenue and profit forecasts for the rest […]
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Cleveland-Cliffs to idle 3 lines at former Rouge Steel plant
Auto May 5, 2020 , by BizLizzy Reporter
The company said it would lay off 343 employees in July when it permanently shuts down the […]
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BMW cuts automotive margin outlook, citing coronavirus woes
Auto May 5, 2020 , by BizLizzy Reporter
The German automaker said measures to contain the COVID-19 pandemic are lasting longer than expected in several markets. Read […]
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Audi picks new senior VP of U.S. sales; COO will return to UK
Auto May 5, 2020 , by BizLizzy Reporter
Thiemo Rusch, a German executive with Audi of America since 2004, will become senior vice president of […]
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Asbury's Q1 net income takes virus hit
Auto May 5, 2020 , by BizLizzy Reporter
The public dealership group had seen double-digit revenue and profit gains and had a $1 billion acquisition […]
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Uber, Lyft face California lawsuit over driver classification
Auto May 5, 2020 , by BizLizzy Reporter
The legal action marks a threat to the business model of the ride-hailing companies and other businesses that […]
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Adient pares quarterly losses despite health crisis
Auto May 5, 2020 , by BizLizzy Reporter
Adient said $530 million of its $717 million decline in revenue during the quarter stemmed from the […]
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Group 1 posts Q1 profit despite pandemic hit
Auto May 5, 2020 , by BizLizzy Reporter
The dealership group said it was on pace for a record first quarter in the U.S. and […]
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FCA plans May 18 restart; UAW not opposed to new target
Auto May 5, 2020 , by BizLizzy Reporter
Fiat Chrysler Automobiles’ new start date comes after the automaker pushed back initial plans to reopen plants […]
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Aptiv Q1 revenue, operating income take hit from pandemic
Auto May 5, 2020 , by BizLizzy Reporter
CEO Kevin Clark said the financial toll will be even more severe in the current quarter as […]
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Hyundai, Kia restart U.S. plants for one shift
Auto May 4, 2020 , by BizLizzy Reporter
One reason for the slow start at Hyundai’s plant was so that team members could validate new […]
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GM's big SUVs improve towing power, city fuel economy
Auto May 4, 2020 , by BizLizzy Reporter
General Motors says its next-generation full-size SUVs can tow more and get better fuel economy in city […]