Autos
Lyft Plans Job Cuts, May Hit 30% Of Employees As It Struggles Over Profit
Banking - Published date: .
The Wall Street Journal earlier reported the cuts, adding that they could help Lyft slash 50% of its costs Read more
GM, Fiat Chrysler U.S. Auto Sales Tank In Second Quarter As Coronavirus Saps Demand
AMERICA - Published date: .
U.S. vehicle sales in the second quarter for General Motors, Toyota Motor and Fiat Chrysler plunged by more than 30% Read more
This Wartime Law Gives Trump Exceptional Power Over US Economy
AMERICA - Published date: .
President Trump has invoked a Korean War-era law to fight the coronavirus pandemic. The Defense Production Act gives the... Read more
US Auto Sales Recovering During Coronavirus Pandemic But Still Significantly Down, J.D. Power Says
AMERICA - Published date: .
Sales this month are still expected to be down about 50% compared with April 2019. However, the decline is far less than... Read more
General Motors, Ford And Fiat Chrysler To Temporarily Close All US Factories Due To The Coronavirus
AMERICA - Published date: .
Detroit's Big Three automakers plan to temporarily close all U.S. factories as the coronavirus sweeps across the country... Read more
Shares Of US Automakers Plunge Because They Have Major Production In Mexico
AMERICA - Published date: .
The largest U.S. automaker stocks drop after President Trump threatened to put a 5% tariff on Mexican imports. Read more
Trump Car Tariffs Would Be A 'first-order Slap In The Economic Face,' Citi's Buiter Says
AMERICA - Published date: .
The global economy would be hit hard if President Donald Trump decides to impose steep tariffs on imported cars, Citi's ... Read more
Trump Administration Will Delay Auto Tariffs For Up To Six Months
AMERICA - Published date: .
The White House had to decide by Saturday whether to slap tarifffs on autos over what it calls national security concern... Read more
Auto Sales Projected To Slow To Lowest Level In More Than 4 Years Despite SUV And Pickup Demand
AMERICA - Published date: .
Americans are finally tapping the brakes when it comes to buying new vehicles, according to analysis of first-quarter sa... Read more
US Auto Sales Are Falling As Prices For New Vehicles Jump To Highest Ever
AMERICA - Published date: .
The biggest declines in sales are happening at the lower end, where buyers have fewer options as companies pull back on ... Read more
VW CEO Says He Hopes He's Done Enough To Please Trump And Avoid Tariffs
AMERICA - Published date: .
VW Group posted 2018 full-year revenues of $267.5 billion on Friday. Read more
VW CEO Says He Hopes He's Done Enough To Please Trump And Avoid Tariffs
AMERICA - Published date: .
VW Group posted 2018 full-year revenues of $267.5 billion on Friday. Read more
Why California's New Solar Mandate Could Cost New Homeowners Up To An Extra $10,000
AMERICA - Published date: .
Starting next year, every new home built in California will have something extra on top. Read more
Morgan Stanley: An Electric Pickup From Tesla Or Rivian Is A 'serious Problem' For Detroit
AMERICA - Published date: .
The highly profitable pickup truck market is the next to be revolutionized by electric vehicles, Morgan Stanley says. Read more
Tesla Is Not 'quite Out Of The Woods Yet,' Says Morgan Stanley's Adam Jonas
AMERICA - Published date: .
Morgan Stanley's Adam Jonas says Tesla's biggest question is whether it can self-finance "where it doesn't need external... Read more
Ford Investing $1 Billion, Adding Jobs At Chicago Factories As It Makes Cuts Overseas
AMERICA - Published date: .
The move is part of Ford's overall strategy to beef up production of sport utility vehicles, crossovers, and trucks. Read more
US Infrastructure Is Crumbling, And It Needs Lots Of Federal Money To Fix It: Civil Engineer Group
AMERICA - Published date: .
In a recent interview with CNBC, the head of the American Society of Civil Engineers said that Elon Musk's ambitious ide... Read more
GM's Involuntary Layoffs Start Monday, At Least 4,000 Workers Expected To Lose Jobs
AMERICA - Published date: .
The Detroit automaker could layoff thousands of white-collar workers as early as Monday. Read more
