Coronavirus

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 …

In another step toward restarting its economy going into the summer, New York will permit horse racing tracks and Watkins Glen International car track to resume with the coronavirus outbreak …

Fiat Chrysler Automobiles (FCA) is in talks with Italian lender Intesa Sanpaolo over a 6.3 billion euro ($6.8 billion) state-guaranteed loan to help the automaker weather the coronavirus crisis, a …

Most of Ford Motor’s U.S. dealers got payroll protection loans from the U.S. government during this ongoing coronavirus pandemic, the automaker’s chief operating officer stated on Thursday. Early in the …

Renault is planning to significantly reduce its vehicle range, withdrawing well-known but poorly performing models like the Espace minivans, as part of looming cost reduction plans, four sources in the …

Fiat Chrysler’s decision to scrap its dividend has set another setback for plans by the Agnelli family’s Exor arm to raise cash following a $9 billion sale of its reinsurer …

BMW on Thursday stated China sales of luxury passenger cars revived in April but the German premium car and motorbike producer cautioned that other markets consisting of the United States …

Nissan Motor prepares to cut $2.8 billion in annual fixed expenditures as part of its restructuring plan, a report by Bloomberg News noted Wednesday, as the automaker braces for a …

Toyota Motor said on Tuesday it expects profit to decline by 80% to its lowest in nine years, as Japan’s biggest automaker attempts to recover with the impact of the …

Honda Motor on Tuesday published its lowest operating profit in four years and refrained from providing an earnings outlook for 2020 due to uncertainty about the longer-term impact of the …