BizLizzy Reporter, Author at Business, Science & Industry News - Page 969 of 1807

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Lithia signals profit surge ahead of third-quarter earnings
Auto September 30, 2020 , by BizLizzy Reporter
The third-largest U.S. public new-vehicle retailer also announced plans to raise more than $1.1 billion in capital. […]
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Ex-UAW President Williams pleads guilty to embezzlement
Auto September 30, 2020 , by BizLizzy Reporter
Dennis Williams faces up to five years in prison and a fine of up to $250,000, although […]
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Velodyne Lidar chief eyes growth as stock sinks in public debut
Auto September 30, 2020 , by BizLizzy Reporter
The maker of sensors used in advanced driver-assistance systems and self-driving vehicles is projected to see robust […]
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Nikola postpones forum where electric pickup was to debut
Auto September 30, 2020 , by BizLizzy Reporter
The postponement follows the startup’s efforts to pivot from denying allegations of deception to talking up its […]
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Continental board signs off on cutting or shifting 30,000 jobs
Auto September 30, 2020 , by BizLizzy Reporter
The German supplier’s CEO said asset sales are under consideration that could affect several thousand jobs that […]
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Tesla to roll out China-made Model 3s with cobalt-free batteries, report says
Auto September 30, 2020 , by BizLizzy Reporter
Cobalt-free lithium iron phosphate batteries are cheaper to produce and the automaker could announce the product change […]
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Genesis previews GV70 crossover coming next year
Auto September 30, 2020 , by BizLizzy Reporter
The camouflaged compact luxury crossover, expected to go on sale next year as a 2022 model, will […]
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Ford to recall 700,000 vehicles in North America over rearview camera defect
Auto September 30, 2020 , by BizLizzy Reporter
The recalled vehicles are from the 2020 model year and include certain Ford Edge, Escape, Expedition, Explorer, […]
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VW confirms 2020 outlook, expects September delivery growth to continue
Auto September 30, 2020 , by BizLizzy Reporter
CEO Herbert Diess reaffirmed the company’s target of positive operating profit for the year, but also faced […]
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Former Audi CEO Stadler faces diesel fraud charges in German court
Auto September 30, 2020 , by BizLizzy Reporter
The trial could cause unease for VW Group and Audi if defendants or witnesses contradict VW’s defense […]
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Ford cuts Mustang Mach-E prices ahead of launch
Auto September 29, 2020 , by BizLizzy Reporter
The upcoming electric crossover will cost between $1,000 and $3,000 less, depending on trim, than originally announced. […]
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Q3 sales, slated to decline, may be strongest of year, analysts say
Auto September 29, 2020 , by BizLizzy Reporter
Industry forecasters expect new-vehicle retail sales to continue recovering in the third quarter while lease volume and […]