Ferrari has trimmed its full-year earnings forecast on Monday following the decline in second-quarter income of about 60% because of the impact of the coronavirus crisis but said orders were
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Ford Motor said on Friday it had won approval to defer some quarterly payments due on its U.S. Energy Department retooling loan but also said that it will repay the
Ford Motor on Thursday said it expects a full-year loss but also said that it should have enough cash on hand throughout the rest of this year, even if global
Volkswagen reported a second-quarter operating loss on Thursday as vehicle deliveries declined by nearly a third because of the coronavirus crisis, forcing the German automaker to slash its dividend despite
Tesla Inc got payroll-related benefits from the government in the first half of this year to help decrease the impact of the coronavirus crisis on its business, the electric automaker
Hyundai Motor reported a drop in profit on high-margin domestic sales but less than what was expected. The automaker said that while demand should pick up soon, the pace of
Los Angeles is experiencing a record number of car thefts during the second quarter of 2020, according to the latest analysis. Data reveals the period between April and June observed
Uber Technologies Inc has quietly started a service to provide public health officials quick access to data about drivers and riders presumed to have come into contact with someone infected
As the world continues to deal with the coronavirus, the automotive industry has started to adopt “new normal” ways to promote safety and to increase sales. With the many challenges
The 2020 edition of the annual Birdsboro Car Show annual car show, a huge event that annually attracts automobile hobbyists locally and from neighboring states, has been canceled due to
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