German automaker Daimler reported a drop of almost 70% in first-quarter operating profit on Thursday because of the coronavirus pandemic and warned that the cash flow it utilizes to pay
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Nissan will resume production at its Barcelona factory from May 4 and it will start piloting safety measures at its British plant with the return of about 50 workers this
French automaker PSA on Tuesday warned of significant drop in demand for the sector this year after publishing a 15.6% fall in first-quarter sales but maintained its mid-term operating margin
A group of companies, including Airbus and Ford, could make more than the current government order of 20,000 ventilators and keep making once normal operations begin to restart, the head
U.S. car rental company Hertz Global Holdings stated on Monday that it prepares to lay off 10,000 workers throughout its North America operations to cut costs amid the ongoing COVID-19
A man in South Africa has been arrested for attempting to smuggle his girlfriend from one province to another in the trunk of his car while defying the coronavirus lockdown
Jaguar Land Rover (JLR) on Monday stated it would be extending its temporary pause in production lines in the UK for few more weeks as the coronavirus crisis continue to
In response to the COVID-19 coronavirus crisis, Ferrari has agreed to donate all or part of their annual compensation to help a series of initiatives in the region with the
Volkswagen AG stated on Monday it will keep its plants in Brazil, South America’s top auto producer, closed through the end of the month, but that a decision has not
Nissan Motor stated on Tuesday it will close its global headquarters in Japan for 16 days from early May to contain the spread of the coronavirus, even though the government
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