Ford expects $2B quarterly loss after coronavirus fallout
The automaker earlier this week said it sees first-quarter revenue of about $34 billion and adjusted losses before interest and taxes of $600 million as it seeks to conserve cash.
Europe car sales tank 55% in March on coronavirus lockdowns
The drop even tops that from the 2008-9 global financial crisis, which triggered a six-year slump in car purchases
Trucking 'humming right along' amid coronavirus: Truck driver
Trucking during coronavirus
Coronavirus hammers industrial production, nearing WWII demobilization levels
U.S. industrial production fell sharply in March as the coronavirus pandemic disrupted supply chains and knocked down demand for an array of goods and services.
US self-driving car startup Zoox agrees to settle lawsuit with Tesla
Tesla lawyers filed a lawsuit in March last year against four former employees and Zoox
Buying a car during coronavirus? CarMax adds contactless curbside pickup
Buyers will be able to take cars on test drives alone and finish most paperwork online.
Fiat Chrysler recalls more than 550,000 pickups, SUVs
Fiat Chrysler is recalling more than 550,000 pickup trucks and SUVs worldwide because the windshield wiper arms can come loose and stop the wipers from working properly.
Tesla seeks rent savings amid coronavirus crunch
The move follows last week's announcement to employees that the Silicon Valley electric-car maker would slash salaried workers' pay and furlough without pay employees unable to work from home.
Tesla asking landlords for rent reduction as coronavirus hammers business
Tesla Inc. has reached out to at least some of its landlords seeking rent reductions.
Ford making coronavirus face masks to protect workers
Ford Motor Co said on Monday it is producing face masks at a Michigan plant to protect its workers from the coronavirus pandemic and is seeking to have those masks certified for medical use.
Ford coronavirus losses expected to reach $600M in first quarter
Get all the latest news on coronavirus and more delivered daily to your inbox.
Automakers offer deals despite coronavirus
Like many industries, automakers have taken a serious hit from the coronavirus pandemic. Many car companies are now offering incentives to draw in buyers.
As coronavirus worsens, Tesla furloughs NY workforce, cuts salaries
Most of Tesla's Buffalo, New York, workforce is being temporarily laid off starting April 13.
Coronavirus shutdown could mean bad news for auto suppliers in May
Automakers may run out of cash to pay suppliers by mid-May.
Automakers push to reopen plants with testing and lots of masks
Global automakers reeling from the COVID-19 pandemic are accelerating efforts to restart factories from Wuhan to Maranello to Michigan, using safety protocols developed for China and U.S. ventilator production operations launched in recent weeks.
Buffett's GEICO follows Allstate crediting auto, biker customer policies
GEICO has 18 million auto and one million motorcycle customers
Coronavirus forces Tesla to furlough workers, cut employee salaries
Pay for salaried Tesla employees will be reduced beginning on April 13 and cuts will remain in place until the end of the second quarter
Nissan to furlough about 10,000 workers in Mississippi, Tennessee
Nissan shut its U.S. plants on March 20 to help slow the spread of Covid-19
Auto insurers offer returns during coronavirus pandemic
American Family Insurance is slated to return roughly $200 million to customers over the course of the next two months.
Coronavirus pushes Allstate to return $600M in auto premiums
Most customers will receive a “payback” of 15 percent of their monthly premium in April and May.

















