BizLizzy Reporter, Author at Business, Science & Industry News - Page 1089 of 1807

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CarMax to furlough 15,500, slash exec pay, other costs
Auto April 8, 2020 , by BizLizzy Reporter
The furloughs are effective April 18, and CarMax CEO Bill Nash is forgoing 50 percent of his […]
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Auto trade group Here For America names first CEO
Auto April 8, 2020 , by BizLizzy Reporter
Policy veteran Jennifer Safavian previously was executive vice president for government affairs at the Retail Industry Leaders […]
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Toyota lays off 5,000 temps, postpones North American reopening
Auto April 8, 2020 , by BizLizzy Reporter
Toyota said it will continue to provide benefits for what it refers to as its variable workforce, […]
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Mercedes grabs lead in U.S. luxury race as crisis hammers sales
Auto April 8, 2020 , by BizLizzy Reporter
Mercedes-Benz delivered 67,746 vehicles, excluding commercial vans, in the first quarter, down 4.8 percent from a year […]
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FCA recalls 365,000 vehicles over rearview camera display issue
Auto April 8, 2020 , by BizLizzy Reporter
A software error on several FCA vehicles causes the rearview image to stay on the screen for […]
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Small-business loan program ‘will not run out of money,' Mnuchin says
Auto April 8, 2020 , by BizLizzy Reporter
The Paycheck Protection Program is a top priority for dealers trying to keep their businesses afloat as […]
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VW considers options for record $3.6 billion dividend
Auto April 8, 2020 , by BizLizzy Reporter
The automaker may use part of the dividend to shore up its finances during the coronavirus pandemic […]
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NADA slashes forecast for 2020 auto sales
Auto April 8, 2020 , by BizLizzy Reporter
The dealers association sees sales dropping below 2012 levels as incentives soar and consumer confidence plunges during […]
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GM to supply 30,000 ventilators as part of $490M government contract
Auto April 8, 2020 , by BizLizzy Reporter
GM plans to deliver 6,132 ventilators by June 1. The automaker is producing the ventilators at its […]
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Quick rebound in Wuhan car sales give hope to battered industry
Auto April 8, 2020 , by BizLizzy Reporter
The revival offers a sliver of hope for global carmakers from Volkswagen to General Motors and Toyota, […]
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Nissan to focus on cash flow, better use of assets
Auto April 8, 2020 , by BizLizzy Reporter
The automaker will capitalize on its existing assets, not just from Nissan, but also from Renault and […]
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Tesla to begin unpaid furloughs, cut salaries
Auto April 8, 2020 , by BizLizzy Reporter
In an email to employees, the electric vehicle maker said it plans to resume normal operations May […]