Fiat Chrysler top executives will temporarily slash their salaries to maintain the automaker’s financial soundness because of the coronavirus crisis, CEO Mike Manley informed employees on Monday. Manley said he
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About eleven days ago, American automaker General Motors put hundreds of employees on an urgent project to build breathing machines as hospitals and governors pleaded for more following the spread of the coronavirus pandemic.
China may release new policies to encourage demand for automobiles, with the country’s auto industry still dealing with difficulties, Xin Guobin, vice minister of industry and information technology, stated on Monday. There
Ford Motor stated on Monday it will produce 50,000 ventilators during the next 100 days at a plant located in Michigan. The automaker will cooperate with General Electric’s healthcare unit,
Airbnb will institute a hiring freeze and postpone its marketing as the company deals with the impact of the coronavirus pandemic, a person knowledgeable with the matter said, who asked to remain
GAC Honda Automobile also known as GAC Honda, a joint venture company of Japanese automaker in China, on Sunday stated that it will absorb its wholly-owned subsidiary, Honda Automobile (China), effective from April 1
Indian automaker Mahindra & Mahindra (M&M) came forward with its initiative to create affordable ventilators to help fight the spread of coronavirus, has now developed a face shield for the medical
General Motors has accepted to a $120 million settlement over defective ignition switches that allegedly caused cars to stall and air bags to deploy, and in some cases triggering deadly accidents. The deal,
Hyundai Motor India Foundation (HMIF), the arm of Hyundai Motor India has ordered the advanced diagnostics testing kit associated from South Korea in order to fight coronavirus, the company stated.
Maruti Suzuki on Saturday has announced that it is collaborating with the Indian manufacturer AgVA Healthcare to create ventilators, face masks and Personal Protective Equipment (PPE) kit to fight the spread of the coronavirus. The automaker
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