BizLizzy Reporter, Author at Business, Science & Industry News - Page 958 of 1807

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Good times come back in China as sales return
Auto October 17, 2020 , by BizLizzy Reporter
Sales are hot again, thanks to government stimulus action and early efforts to contain the coronavirus. Read More
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Battery fires put BMW, Ford on back foot as EVs take off
Auto October 17, 2020 , by BizLizzy Reporter
Fires in electrified vehicles are having a big impact before automakers have even managed to pin down […]
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Billionaire Robert Smith admits evading taxes for years
Auto October 16, 2020 , by BizLizzy Reporter
Smith, who built Vista Equity Partners into a private equity powerhouse, avoided prosecution by cooperating in a […]
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Ford pickups top list of most stolen vehicles
Auto October 16, 2020 , by BizLizzy Reporter
The Ford pickup moved to the top spot from third place in last year’s report with 38,938 […]
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Ally profit surges behind wave of auto originations
Auto October 16, 2020 , by BizLizzy Reporter
The Detroit lender’s third-quarter net income nearly doubled from the second quarter largely thanks to its highest […]
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VW's Traton raises Navistar bid to close in on deal
Auto October 16, 2020 , by BizLizzy Reporter
At $44.50 per share, VW’s heavy truck unit would pay about $3.7 billion for the shares of […]
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GM renames D-Ham plant Factory Zero
Auto October 16, 2020 , by BizLizzy Reporter
GM is renaming its Detroit-Hamtramck assembly plant Factory Zero, marking its commitment to an all-electric, zero-emissions lineup. […]
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Hertz gets $1.65 billion bankruptcy loan for fleet purchases, operations
Auto October 16, 2020 , by BizLizzy Reporter
As much as $1 billion of the debt can be used for vehicle acquisition in the U.S. […]
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LG Chem in JV talks with more automakers, CEO says
Auto October 16, 2020 , by BizLizzy Reporter
The battery maker has already announced joint ventures with GM and Geely and hopes also to expand […]
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Nikola CEO says startup’s plans intact even if GM deal unravels
Auto October 16, 2020 , by BizLizzy Reporter
Talks between the two companies are ongoing, but if a tentative technology-sharing and manufacturing deal announced last […]
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Daimler posts $3.6 billion operating profit in Q3 on sales recovery, cost cuts
Auto October 16, 2020 , by BizLizzy Reporter
CFO Harald Wilhelm said in a preliminary earnings statement that the automaker expects positive momentum to continue […]
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How Bob Brockman emerged as a top power player in auto retailing
Auto October 16, 2020 , by BizLizzy Reporter
Bob Brockman, who rarely gives interviews, took the helm of Reynolds and Reynolds after it merged in […]