Auto Industry Loses Sales, Adds Debt Because of COVID-19 June 5, 2020 The global auto industry is losing sales and increasing its debt because of the novel coronavirus (COVID-19), consulting firm AlixPartners said in a presentation this week.
GM Reports Quarterly Loss on Impact of COVID-19 July 29, 2020 General Motors Co. today reported a second-quarter loss as the novel coronavirus (COVID-19) resulted in lower vehicle sales.
GM, Smaller After Rescue, Still Contributor to Economy, CAR Says February 24, 2020 General Motors Co., shrunken after a 2009 U.S. bailout, still provides a boost to the U.S. economy, the Center for Automotive Research said in a report.
GM Quarterly Profit Falls Amid COVID-19 May 6, 2020 General Motors Co.’s quarterly profit plunged as the novel coronavirus (COVID-19) pared demand and caused the automaker to close factories.
COVID-19 Pressing Auto Industry Hard, Trade Group Chief Says March 24, 2020 The auto industry is being pressed hard by the novel coronavirus (COVID-19), the head of an automotive trade and lobby group said today.
Comau Unveils Laser Labs for EV Batteries and Motors April 9, 2020 Dedicated in-house labs create and optimize laser welding processes for electric motors and batteries.
Nexteer Makes Face Shields, Components to Combat COVID-19 April 1, 2020 Nexteer Automotive is using its 3D printers in Michigan and Poland to make plastic masks and face shield headbands for help combat COVID-19.
Caterpillar Profit Falls on Lower Demand July 31, 2020 Caterpillar Inc., the maker of mining trucks and heavy equipment, today reported a lower second-quarter profit after dealers reduced inventory amid slumping demand.
Plug Power, Lightning Systems to Build Zero-Emission Trucks February 20, 2020 Plug Power Inc., Latham, N.Y., a provider of hydrogen engines and fueling solutions enabling e-mobility, today announced a partnership with Colorado-based Lightning Systems, a global developer of zero-emission drivetrains.
New Ford CEO to Try to Fulfill the Future August 5, 2020 With Ford Motor Co.'s third CEO change in six years, it's now up to Jim Farley to try to achieve a future of electric and self-driving vehicles.