Auto

Lyft has laid off 982 employees and furloughed another 288.

Ford does not have a timeline for when all its workers will return.

Tesla performed in the 1Q despite the coronavirus fallout.

Volkswagen AG and Toyota Motor Corp said Wednesday they will delay restarting U.S. production amid the coronavirus pandemic and concerns about the automotive supply network.

Tesla CEO Elon Musk said states should "reopen with care [and] appropriate protection, but don't put everyone under de facto house arrest."

Hertz failed to make payments Monday under the operating lease, kicking off a grace period that ends on May 4.

California regulators are considering a rule to require automakers to sell electric delivery vans to curb pollution.

Tesla is about to become a bigger rainmaker for CEO Elon Musk's net worth.

The Dearborn, Michigan-based automaker said its “mobility” segment – which includes the autonomous vehicle program – operated at a $368 million loss for the quarter.

Ford Motors Co. said it lost $2 billion in first quarter as a result of the coronavirus outbreak and the shutdown of virtually all U.S. automotive production in March.

Tesla reports earnings this week

Detroit's car companies are targeting May 18 to resume some production at their U.S. factories after the companies shut down their plants in March amid the spread of the coronavirus, according to people familiar with the plans.

The company still warns that drivers must pay attention and be ready to take immediate action “including braking.”

Tesla is set to report its first-quarter 2020 earnings on Wednesday.

General Motors Co. said it has suspended its quarterly cash dividend and share-buyback program as it seeks to bolster liquidity amid the Covid-19 pandemic.

All over the country, blue-collar and salaried workers have raised their hands to make medical equipment as companies repurpose factories to answer calls for help from beleaguered nurses, doctors and paramedics who are treating patients with the highly contagious virus.