Toyota CEO Akio Toyoda vowed Friday that the Japanese auto industry would seek to protect jobs globally as it deals with the coronavirus pandemic. Toyoda, speaking as head of the Japan Automobile Manufacturers Association, stated
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General Motors prepares to keep its Brazilian factories closed for at least 60 more days because of the spread of the coronavirus, the company stated Thursday, as the final batch
Renault states it is seeking billions in state-backed loans, cancelling its dividend for last year and its chairman is taking a pay cut, as the French automaker tries to weather the
Auto sales in China dropped an annual 43.3% in March, a slower pace of decline compared to the last month as the world’s biggest auto market is affected following the
Nissan Motor’s management has become convinced the automaker needs to be much smaller and a restructuring plan due out next month would probably consider cutting 1 million cars to its
Jaguar Land Rover said this week that its employees from Solihull plant have raised thousands of dollars to help the coronavirus affected people in UK. The automaker also stated that two donations of
Fiat Chrysler Automobiles (FCA) reached a deal with unions on Thursday over measures to adopt in its Italian plants once the government eases restrictions on business activity enforced in order
Volkswagen stated Thursday it will furlough 1,500 employees at its U.S. assembly plant located in Tennessee starting April 11 as the industry deals with the ongoing coronavirus pandemic. The German
Hyundai Motor’s Czech plant plans to resume on April 14 following a three-week production outage as part of efforts to combat the coronavirus, becoming the first of the three major
Volkswagen faces the threat of a huge “dieselgate” payout in Britain following a court Monday ruled in favor of over 90,000 drivers whose vehicles cheated emissions tests. After adverse rulings and
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