Auto Archives - Page 1087 of 1738 - Business, Science & Industry News

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Suppliers' factories could aid medical push
Auto March 28, 2020 , by BizLizzy Reporter
Suppliers are scrambling to evaluate what tooling, worker retraining and quality control assurance they
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COVID-19 is ruining the timing for eagerly awaited new models
Auto March 28, 2020 , by BizLizzy Reporter
With factories furloughed and showrooms shuttered, automakers are having to rethink go-to-market strategies
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KAR to furlough employees, reduce executive salaries amid outbreak
Auto March 27, 2020 , by BizLizzy Reporter
KAR Global’s additional actions follow a decision last week to halt sales at all North American
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Toyota begins making 3D-printed face shields for med workers
Auto March 27, 2020 , by BizLizzy Reporter
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Trump signs $2 trillion virus relief bill after House passage
Auto March 27, 2020 , by BizLizzy Reporter
The unprecedented stimulus package provides about $500 billion in loans and assistance for big companies
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Hyundai picks Genesis' Erwin Raphael to lead new cost committee
Auto March 27, 2020 , by BizLizzy Reporter
As chief cost optimization officer for North America, he will work with the automaker’s various
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Hertz in talks with banks for new financing amid travel bans, report says
Auto March 27, 2020 , by BizLizzy Reporter
Among the options being discussed by the company and banks led by Barclays Plc are a first-lien loan,
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VW is burning through $2.2B a week as virus halts output
Auto March 27, 2020 , by BizLizzy Reporter
VW is not generating sales or revenue outside of China and may have to cut jobs if […]
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Automakers warned of coming 'credit shock'
Auto March 27, 2020 , by BizLizzy Reporter
BMW, Ford, Toyota, Nissan and Honda had their credit ratings downgraded by Moody’s while GM, VW,
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Kia names Song as global president to lead new mid-term plan
Auto March 27, 2020 , by BizLizzy Reporter
The Korean automaker said Ho-sung Song’s first task will be to steer a shift toward electric and
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Tesla to cut on-site staff at U.S. battery factory by 75%
Auto March 27, 2020 , by BizLizzy Reporter
The move comes after its battery partner Panasonic said it would scale down operations at the Nevada
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Toyota seeks $9 billion credit line, reports say
Auto March 27, 2020 , by BizLizzy Reporter
Japan’s biggest automaker has the strongest credit profile among the country’s car manufacturers