BizLizzy Reporter, Author at Business, Science & Industry News

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Dana says Q4 net income dropped 15%
Auto February 13, 2020 , by BizLizzy Reporter
Dana said elevated costs reduced profit and pressured margins during the recent quarter but that revenues improved […]
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BorgWarner Q4 results moderate, unaffected by UAW strike
Auto February 13, 2020 , by BizLizzy Reporter
BorgWarner reported that fourth-quarter net income fell 4.34 percent to $220 million. Net sales remained stable. Read […]
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Struggling Nio, citing viral epidemic, delays salary payments
Auto February 13, 2020 , by BizLizzy Reporter
Nio Chairman William Li told employees that the cash-strapped electric carmaker will pay January salaries six days […]
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Nemak hit by GM strike in fourth quarter
Auto February 13, 2020 , by BizLizzy Reporter
The powertrain and body structure components supplier said that total revenue for the quarter was down 12.7 […]
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Tesla seeks to raise $2B through stock offering
Auto February 13, 2020 , by BizLizzy Reporter
The company, planning up to $3.5 billion in capital outlays this year, will use proceeds from the […]
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Hyundai's big bet on China tested by coronavirus
Auto February 13, 2020 , by BizLizzy Reporter
The automaker’s increasing reliance on China as a source of parts for its manufacturing hub in South […]
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IIHS awards fewer vehicles with Top Safety Pick+ over tougher criteria for headlights
Auto February 13, 2020 , by BizLizzy Reporter
Vehicles must also offer “advanced” or “superior” front-crash prevention technology to win either the 2020 Top Safety […]
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Former FCA and Ford executives join Motormindz consulting firm
Auto February 12, 2020 , by BizLizzy Reporter
Former FCA executive Steve Beahm and Joe Bakaj, former Ford product vice president, are bringing 66 years […]
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Former N.Y. dealership employees indicted for fraud
Auto February 12, 2020 , by BizLizzy Reporter
The indictment alleges the men defrauded JPMorgan Chase out of $700,000 and New Rochelle Hyundai out of […]
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Ford recalls more than 200,000 vehicles over issue that may increase crash risk
Auto February 12, 2020 , by BizLizzy Reporter
The recall covers 2013-18 Ford Flex, Ford Taurus Police Interceptor, Ford Taurus SHO and Lincoln MKT vehicles. […]
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Originations soar at nation's top auto lenders
Auto February 12, 2020 , by BizLizzy Reporter
In the fourth quarter, all but one of the nation’s top auto lenders posted higher auto originations. […]
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Why global production numbers don’t always tell the full story
Auto February 12, 2020 , by BizLizzy Reporter
If you examined a 20-year graph of global light vehicle production, you’d find an industry consistently marching […]

Breaking News

Business, Science & Industry News

Dana says Q4 net income dropped 15%

BorgWarner Q4 results moderate, unaffected by UAW strike

Struggling Nio, citing viral epidemic, delays salary payments

Nemak hit by GM strike in fourth quarter

Tesla seeks to raise $2B through stock offering

Hyundai's big bet on China tested by coronavirus

IIHS awards fewer vehicles with Top Safety Pick+ over tougher criteria for headlights

Former FCA and Ford executives join Motormindz consulting firm

Former N.Y. dealership employees indicted for fraud

Ford recalls more than 200,000 vehicles over issue that may increase crash risk

Originations soar at nation's top auto lenders

Why global production numbers don’t always tell the full story

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