Coronavirus | SpeedLux

Hertz files for bankruptcy protection as coronavirus hits business

Hertz, which started with a fleet of some Ford Model T’s a century ago and became one of the world’s largest auto rental companies, has filed for bankruptcy protection on

Chrysler5 years ago

Italy confident that government, Fiat can complete state-backed loan

Italy’s Economy Minister Roberto Gualtieri stated on Friday he was confident the government and Fiat Chrysler Automobiles (FCA) would be able to finish a deal over a state-backed loan for

Nissan5 years ago

Nissan considering 20,000 job cuts in Europe and elsewhere

Nissan Motor is thinking about cutting 20,000 jobs from its worldwide workforce, focusing on Europe and developing countries, Kyodo news reported on Friday, as the Japanese automaker continues to have

General Motors5 years ago

General Motors starts to resume plants in Mexico

General Motors stated on Thursday that it was gradually resuming the transmissions and motors lines at its Mexican plants located in Ramos Arizpe in the northern state of Coahuila and

Ford5 years ago

Ford closes two U.S. assembly plants because of COVID-19 infections

Ford Motor on Wednesday shut down two U.S. assembly plants as the coronavirus pandemic is wreaking early havoc with the automaker’s plan to resume North American production and start making

Aviation5 years ago

Britain’s Rolls-Royce to cut 9,000 jobs as air travels decline

Rolls-Royce plans to slash at least 9,000 jobs, or over a sixth of its workforce, in the recent blows to the UK economy and aviation industry has been hit by

Renault5 years ago

Renault to restart its Sandouville plant on Friday

French automaker Renault will resume its Normandy-based Sandouville plant located in northwestern France on Friday, a trade union source informed Reuters on Wednesday. Renault had suspended production at Sandouville plant,

American5 years ago

Supplier resumes flow of critical truck parts to Detroit automakers

Dana Inc, a major supplier of truck parts to Detroit automakers, resume its Toledo plant Monday on a single shift, with one-third of its 750-person workforce and less than 1%

General Motors5 years ago

General Motors to restart Silao plant operation in Mexico from May 20

General Motors is tentatively preparing to resume operations at its auto assembly plant located in the Mexican city of Silao on May 20, according to a message to employees observed

Fiat5 years ago

Fiat Chrysler entitled to seek state-backed loan, says Italian PM

Italian Prime Minister Giuseppe Conte stated on Saturday that Fiat Chrysler Automobiles (FCA) was entitled to apply for the country’s state-backed loans as the automaker employs thousands of workers in

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