BizLizzy Reporter, Author at Business, Science & Industry News - Page 1074 of 1807

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Tesla posts third straight quarterly profit as income from EV credits jumps
Auto April 29, 2020 , by BizLizzy Reporter
The electric vehicle maker posted net income of $16 million for the first three months of 2020, […]
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Hertz talks with banks, Treasury in push to avoid bankruptcy
Auto April 29, 2020 , by BizLizzy Reporter
CEO Kathryn Marinello said the car rental giant is seeing the support lenders and banks and is making […]
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Lyft to cut 17% of work force, reduce salaries
Auto April 29, 2020 , by BizLizzy Reporter
The ride-hailing company also will furlough about 5 percent of its staff who handle operations that have been […]
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VW pauses U.S. restart indefinitely; Toyota delays a week to May 11
Auto April 29, 2020 , by BizLizzy Reporter
Volkswagen of America cited its suppliers and the state of the market as reasons for extending the […]
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AutoNation names Cannon to new customer experience position
Auto April 29, 2020 , by BizLizzy Reporter
Marc Cannon adds technology oversight to his responsibilities at the largest U.S. dealership group. He will continue […]
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GM delays Hummer EV reveal
Auto April 29, 2020 , by BizLizzy Reporter
GM planned the debut for May 20 at a GMC dealer meeting in Las Vegas, but the […]
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Sonic reduces headcount by a third, reports Q1 net loss
Auto April 29, 2020 , by BizLizzy Reporter
The dealership group wrote down the value of its franchised business by $268 million during the first […]
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BorgWarner to start limited production at damaged S.C. plant in early May
Auto April 29, 2020 , by BizLizzy Reporter
BorgWarner is telling employees that some workers will begin returning to work next week — less than […]
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Musk presses for U.S. to reopen ahead of Tesla's Q1 report
Auto April 29, 2020 , by BizLizzy Reporter
Tesla CEO Elon Musk was busy on Twitter overnight. “Give people their freedom back!” he tweeted ahead […]
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Bosch sees global auto production down 20% in 2020
Auto April 29, 2020 , by BizLizzy Reporter
The supplier said it’s bracing itself for a worldwide recession as the coronavirus pandemic has halted factory output […]
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Ford postpones AV commercial services until 2022
Auto April 28, 2020 , by BizLizzy Reporter
The automaker said it will reassess consumer behavior after the coronavirus crisis passes. Read More
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Ford expects $5 billion operating loss in Q2
Auto April 28, 2020 , by BizLizzy Reporter
The automaker made the forecast as it reported a $2 billion net loss for the first quarter, […]