Volkswagen AG and Toyota Motor stated on Wednesday they will delay resuming U.S. production amid the coronavirus pandemic and concerns regarding the automotive supply network. VW stated it is indefinitely
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Tesla Inc’s CEO Elon Musk on Wednesday called sweeping U.S. stay-at-home restrictions imposed for reducing the spread of the coronavirus outbreak as “fascist” as the electric automaker posted its third
The European Commission approved a 5 billion euro ($5.4 billion) loan guarantee on Wednesday to French automaker Renault group to reduce the impact of the coronavirus crisis. The Commission, which
Volkswagen and Daimler on Wednesday prompted the German government to help increase demand for cars as the coronavirus pandemic damaged first-quarter profits and forced both automakers to drop their forecasts
A woman in Walton County is dealing with felony charges after investigators found that she stole a car with a baby inside. The incident took place around 3:20 p.m. on
Daimler on Wednesday warned that the automaker faces a difficult second quarter as it increased credit risk provisions to expect rising delinquencies among consumers who leased or bought Mercedes-Benz passenger
Ford Motor stated on Tuesday its second-quarter loss would be more than $5 billion from $2 billion in the first quarter because of the spread of the coronavirus pandemic, but
Production at Skoda Auto’s three Czech plants has restarted. In consultation with the Kovo trade union, the production of vehicles and parts was restarted in Mladá Boleslav, Kvasiny and Vrchlabí.
Tesla has reversed course and canceled requests to bring employees back to production lines in Fremont, California, this week. According to CNBC, Tesla asked dozens of furloughed workers last Friday, and
Polestar, the electric performance brand spun out of Volvo Cars, stated the base price of its first all-electric vehicle is going to be $59,900 in the United States, lower than originally assumed.
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