BizLizzy Reporter, Author at Business, Science & Industry News - Page 989 of 1807

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BMW cutting U.S. jobs in a down market
Auto August 31, 2020 , by BizLizzy Reporter
A spokesman declined to disclose the number of jobs being axed but noted the cuts do not […]
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Ford ends U.S. ventilator production after making 50,000 units
Auto August 31, 2020 , by BizLizzy Reporter
The automaker, which had been producing the devices in conjunction with General Electric, shipped its final unit […]
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Toyota and Honda developing a mobile power generation system
Auto August 31, 2020 , by BizLizzy Reporter
The automakers said they plan demonstration testing of the mobile power generation system, so it can be […]
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Tesla shares surge 12.6% after stock split
Auto August 31, 2020 , by BizLizzy Reporter
The success of the splits for Tesla and Apple could lead CEOs of other companies with high-priced […]
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Ohio approves tax credit for Carvana distribution center near Cleveland
Auto August 31, 2020 , by BizLizzy Reporter
The e-commerce platform for buying and selling used cars plans a new inspection, reconditioning and distribution facility […]
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GM supplier Shiloh files for Chapter 11 bankruptcy
Auto August 31, 2020 , by BizLizzy Reporter
Private equity firm Grouper plans to acquire all of Shiloh’s assets in a bankruptcy court sales process […]
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U.S. appeals court tosses Trump bid to roll back fuel efficiency penalties
Auto August 31, 2020 , by BizLizzy Reporter
The 2nd U.S. Circuit Court of Appeals in a 3-0 decision said NHTSA did not make a […]
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Nio boosts size of share sale by 20% amid EV stock frenzy
Auto August 31, 2020 , by BizLizzy Reporter
The $1.5 billion raised in Nio’s latest stock offer will be partly used to increase the company’s […]
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Ex-Mitsubishi Chairman Masuko dies 3 weeks after stepping down
Auto August 31, 2020 , by BizLizzy Reporter
Masuko joined Mitsubishi Motors in 2004 and became president in 2007. He oversaw the creation of the […]
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Toyota gains lessons from round-the-world road trip
Auto August 30, 2020 , by BizLizzy Reporter
The automaker’s Five Continents Drive came to an inglorious early end this year because of COVID-19. But the […]
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McLaren lays foundation for electrification
Auto August 30, 2020 , by BizLizzy Reporter
Despite a delay caused by the COVID-19 pandemic, the exotic brand’s electrified future is coming into better focus, […]
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U.S. supply of VW ID4 expected to be limited
Auto August 30, 2020 , by BizLizzy Reporter
The Volkswagen ID4 compact crossover goes on sale late this year in the U.S., though initial supplies […]