Ford

The sector that employs nearly 1 million people seeks to recover from the coronavirus pandemic

The 3M Company and Ford are sending newly developed respirators to health care workers fighting the coronavirus.

Larger discounts could generate demand and cash flow when they reopen, even if they erode carmakers' profit margins, experts say.

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

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.

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.

UAW President Rory Gamble said it's "too early and too risky" to start reopening Michigan auto plants.

Global vehicle production is now expected to fall more than 20 percent to around 71 million in 2020 as a result of the COVID-19 pandemic and ensuing recession, a top automotive forecaster said Monday.

The hope is the new technology will remind employees to follow health guidelines when the automaker resumes production at its now-idled factories.

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.

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.

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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.

More than 190,000 face shields are on their way or delivered to New York and New Jersey, the company said.

Amid coronavirus, Ford, GM workers have become ventilator manufacturers.

Ford Motor Corp on Thursday posted a 12.5% fall in U.S. auto sales for the first quarter, as production halts and social distancing in the face of the coronavirus pandemic stalled demand.

As of Monday, Ford has shipped 200,000 masks to critical hotspots and first responders. By the end of the week, the company is projecting to have shipped more than 1 million devices.

Fiat Chrysler’s stock has dropped 40 percent in the last month.

While the idea of buying a car online has largely failed to catch on, some in the industry are hopeful this time buyers might give it a try as large parts of the country shut down and people adjust to conducting more business remotely.