Tesla Inc informed employees on Tuesday it would furlough all non-essential employees and implement salary cuts during a shut down of its U.S. production plants because of the coronavirus outbreak. Tesla
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Ride-hailing platform Uber has partnered with the National Health Authority (NHA) to provide transport service to frontline healthcare workers in India, who are engaged in the treatment of COVID-19 patients. Uber will initially facilitate
The Ford Motor’s Rawsonville Plant located in Michigan is being converted into a ventilator factory, as hospitals fighting the coronavirus have reported about shortages of the life-saving devices. Ford expects to start building
Ford Motor on Friday extended the temporary halt of vehicle and engine production at the majority of its European manufacturing sites at least until May 4. The company’s shares dropped
Fiat Chrysler (FCA) started ventilator parts to help Italy’s Siare Engineering boost its output of the medical equipment needed to treat patients during the coronavirus crisis, the automaker said on
General Motors and Honda Motor said on Thursday they would develop two new electric vehicles for Honda and are finding more ways to expand their alliance. The new vehicles will
General Motors last week brought a series of safety measures for employees in Indiana who will make ventilators, outlining what could be a blueprint for starting U.S. auto plants in
Tesla Inc is axing contractors from its American car and battery plants, CNBC reported on Friday, mentioning workers and a contract staffing agency. The electric automaker is cutting contractors at
General Motors vehicle sales in China dropped 43.3% in the first three months of this year compared with the same period in 2019, the company stated on Friday, as the
Ford Motor stated on Friday that CEO Jim Hackett’s total earning was $17.4 million in 2019. He earned from $17.1 million in 2018. The ratio of CEO’s annual compensation to the median
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