Coronavirus | SpeedLux

The New Normal: How Car Accidents Compare Before, During, and After Quarantine

Everyone’s been talking about the “new normal” lately, and how many things have changed from what we may have been used to before COVID-19 and nationwide uprisings completely transformed our

Volkswagen5 years ago

Volkswagen thinking of more cost cuts to deal with crisis

Volkswagen thinking about more cost cuts to help cope with the economic impact of the coronavirus, a spokesman for the automaker said on Saturday. The issue was discussed just recently

Bentley5 years ago

Bentley to cut quarter of workforce amid coronavirus crisis

British luxury automaker Bentley Motors stated on Friday it prepares to slash up to 1,000 jobs, almost a quarter of its workforce as the sector has been hit hard by

General Motors5 years ago

General Motors should emerge with permanently lower costs, says CEO

General Motors should emerge from the coronavirus pandemic with a permanently decreased cost base after it scrambled to decrease its cash burn to withstand a two-month shutdown in North American

Renault5 years ago

Renault finalizes 5 billion euro state-backed loan

Renault finalized a 5 billion euro ($5.60 billion) loan on Wednesday from with the French government, boosting the automaker’s finances following the coronavirus crisis which has damaged the auto industry.

Cars5 years ago

Indian automakers offer teaser loans as RBI softens stance

Maruti Suzuki, Hyundai and Mercedes Benz are providing Indian auto buyers “teaser loans”, a move that sources stated came after softening of the central bank’s stance because of a coronavirus-induced

European5 years ago

Opel to include PSA model to Ruesselsheim production

German automaker Opel is preparing to start manufacturing a compact car for French parent PSA at its main Ruesselsheim plant from mid-2021 onwards, German business daily Handelsblatt reported, and mentioned

Volkswagen5 years ago

Volkswagen ready to resume Mexico operations on June 15

The Mexican unit of Germany’s Volkswagen AG stated on Monday the automaker was ready to resume operations in the states of Puebla and Guanajuato on June 15 after activity was

European5 years ago

SEAT prepares for re-opening of showrooms in the UK

SEAT UK is starting a phased re-opening of its showrooms in the UK in line with the easing of government restrictions. The government and automakers had enforced shutdowns of factories

Renault Alpine A110 Sportscar 2017 Geneva show

Renault5 years ago

Renault to cut 15,000 jobs as a part of cost-cutting plan

French automaker Renault said Friday that it would cut almost 15,000 jobs, including 4,600 at its major French operations, as a part of a major restructuring as it seeks to

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