Cars

Ford says coronavirus restrictions in Mexico may cause U.S. plant shutdowns

Auto Blog News Feed - Fri, 07/10/2020 - 13:07

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Ford Motor Co on Thursday said new staffing restrictions imposed on plants producing car parts in the Mexican state of Chihuahua were "not sustainable," the latest sign U.S. automakers are still reeling from coronavirus lockdowns in Mexico. Mexico is a key part of a wider international supply chain crucial to U.S. carmakers, many of which operate factories across the border in Mexico due to lower labor costs. Chihuahua, where the state government has limited employee attendance to 50% in plant

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Ford says coronavirus restrictions in Mexico may cause U.S. plant shutdowns originally appeared on Autoblog on Fri, 10 Jul 2020 08:07:00 EDT. Please see our terms for use of feeds.

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Harley-Davidson will lay off 500 employees as part of turnaround strategy

Auto Blog News Feed - Thu, 07/09/2020 - 20:39

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Harley-Davidson Inc on Thursday said it will lay off 500 employees this year as part of new Chief Executive Jochen Zeitz's efforts to revive the struggling motorcycle maker. As part of the overhaul, Chief Financial Officer John Olin will leave the company effective immediately. Darrell Thomas, treasurer, will become interim chief financial officer, it said.

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Harley-Davidson will lay off 500 employees as part of turnaround strategy originally appeared on Autoblog on Thu, 9 Jul 2020 15:39:00 EDT. Please see our terms for use of feeds.

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Autoblog is Live: Playing Rocket League

Auto Blog News Feed - Thu, 07/09/2020 - 19:50

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We're playing F1 2019 today.

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Autoblog is Live: Playing Rocket League originally appeared on Autoblog on Thu, 9 Jul 2020 14:50:00 EDT. Please see our terms for use of feeds.

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VW can face dieselgate claims in countries where cars were bought, EU court rules

Auto Blog News Feed - Thu, 07/09/2020 - 16:58

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EU consumers should be able to sue Volkswagen in their national courts if they have bought cars with emission cheat devices installed, the Court of Justice of the European Union ruled on Thursday. The verdict by the EU's top court raises the possibility that the German carmaker could face masses of legal complaints from consumers across the bloc. The case came to the EU court after an Austrian court handling a claim by the Austrian consumer association VKI on behalf of 574 owners of manipulate

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VW can face dieselgate claims in countries where cars were bought, EU court rules originally appeared on Autoblog on Thu, 9 Jul 2020 11:58:00 EDT. Please see our terms for use of feeds.

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Ford's quarterly China sales rise for the first time in three years

Auto Blog News Feed - Thu, 07/09/2020 - 14:45

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Ford Motor Co said its China vehicle sales increased 3% in April-June from a year earlier, its first quarterly sales rise in the world's bigggest auto market in almost three years. Ford has been seeking to recover from a slump in sales unprecedented for a major global automaker in China, with sales sinking 26% last year after a 37% drop in 2018. China sales for the second quarter climbed to 158,589 units, Ford said in a statement, attributing the rise to a stronger vehicle lineup includi

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Ford's quarterly China sales rise for the first time in three years originally appeared on Autoblog on Thu, 9 Jul 2020 09:45:00 EDT. Please see our terms for use of feeds.

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Federal judge throws out GM's racketeering lawsuit against Fiat Chrysler

Auto Blog News Feed - Thu, 07/09/2020 - 00:59

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A federal judge on Wednesday threw out a racketeering lawsuit General Motors Co had filed against smaller rival Fiat Chrysler Automobiles NV , saying the No. 1 U.S. automaker's alleged injuries were not caused by FCA's alleged violations. GM officials said in statement they "strongly disagree" with the order by U.S. District Court Judge Paul Borman, whom the automaker had sought to have removed from the case, and would appeal. "There is more than enough evidence from th

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Federal judge throws out GM's racketeering lawsuit against Fiat Chrysler originally appeared on Autoblog on Wed, 8 Jul 2020 19:59:00 EDT. Please see our terms for use of feeds.

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Elon Musk approaches $1.8 billion bonanza

Auto Blog News Feed - Thu, 07/09/2020 - 00:53

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Fueled by stronger-than-expected car deliveries, shares of Tesla have surged over 40% in the past seven sessions, elevating the company's market capitalization to $259 billion. More important for Musk's personal finances, Tesla's six-month average market capitalization has reached a record $138 billion. Hitting a six-month average market capitalization of $150 billion would trigger the vesting of the second of 12 tranches of options granted to the billionaire to buy Tesla stock as part of his

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Elon Musk approaches $1.8 billion bonanza originally appeared on Autoblog on Wed, 8 Jul 2020 19:53:00 EDT. Please see our terms for use of feeds.

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