BizLizzy Reporter, Author at Business, Science & Industry News - Page 1092 of 1807

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Dealers seek guidance on business loans as showrooms shutter
Auto April 4, 2020 , by BizLizzy Reporter
A lack of clarity on the scope, requirements and timeline of the lending process has some dealers […]
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Cadillac CT5 aims to undercut rivals
Auto April 4, 2020 , by BizLizzy Reporter
The luxury brand says a two-tiered approach to the V-series and a handful of segment-first or exclusive features […]
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Asbury furloughs 2,300 employees, cuts salaries
Auto April 3, 2020 , by BizLizzy Reporter
The dealership group, moving to preserve cash, is also reducing marketing and capital outlays, and suspending a […]
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FCA postpones shareholders' meeting to late June
Auto April 3, 2020 , by BizLizzy Reporter
The automaker said delaying the annual meeting, which was scheduled for April 16, would result in the postponement of […]
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Hyundai extends expiring warranties to June 30
Auto April 3, 2020 , by BizLizzy Reporter
In response to concerns over servicing vehicles while also maintaining social distancing, the automaker is giving customers […]
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Cash for clunkers overseer backs new 'lifeline' for dealers, automakers
Auto April 3, 2020 , by BizLizzy Reporter
Former Transportation Secretary Ray LaHood, who oversaw the Cars Allowance Rebate System in 2009, supports a sequel […]
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Ford CEO compensation falls to $17.3M in 2019
Auto April 3, 2020 , by BizLizzy Reporter
The automaker’s top executives hit only 54 percent of performance targets in a year when CEO Jim […]
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GM's Q1 China vehicle sales drop 43% as coronavirus cuts demand
Auto April 3, 2020 , by BizLizzy Reporter
Sales of the Chevrolet brand fell 55 percent for the latest quarter in the world’s largest auto market, while sales […]
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Ford extends Europe production pause
Auto April 3, 2020 , by BizLizzy Reporter
Ford’s production restart plans depend on the coronavirus pandemic situation, national restrictions, supplier constraints and the ability […]
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AutoNation lays off 7,000, slashes exec pay as sales plunge
Auto April 3, 2020 , by BizLizzy Reporter
The largest U.S. dealership group will also postpone $50 million in capital expenditures and cut advertising spending […]
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This is the wrong time to revise PSA-FCA merger financial terms
Auto April 3, 2020 , by BizLizzy Reporter
The coronavirus crisis shows that the deal makes more sense than ever. But with sales in free […]
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Fiat to start three Italian sites immediately after lockdown ends, union says
Auto April 3, 2020 , by BizLizzy Reporter
Despite Italy’s lowest death toll from coronavirus in six days on Wednesday, Prime Minister Giuseppe Conte said […]