Advertisements


Ford to restart U.S. truck plants in April to beat pandemic-linked cash squeeze

Ford Motor Co announced plans on Thursday to shore up its finances amid the coronavirus pandemic, aiming to generate more cash by resuming production next month of its most profitable vehicles while saving money through further cost cuts......»»

Category: topSource: reutersMar 26th, 2020

Automakers to restart May 18, including Chicago Ford plant

General Motors, Ford and Fiat Chrysler will reopen most plants starting May 18, including Ford’s Chicago Assembly Plant.General Motors, Ford and Fiat Chrysler will reopen most plants starting May 18, including Ford’s Chicago Assembly Plant......»»

Category: topSource: chicagotribuneMay 8th, 2020

GM sets May 18 North American restart, profit falls 88%

General Motors on Wednesday outlined plans for a May 18 restart of most of its North American plants shut down by the coronavirus pandemic as it reported a huge plunge in first-quarter profit. This report produced by Yahaira Jacquez......»»

Category: videoSource: reutersMay 6th, 2020

GM sets May 18 North American restart as profit tops estimates

General Motors Co on Wednesday outlined plans for a May 18 restart of most of its North American plants shut down by the coronavirus pandemic as it reported a stronger than expected quarterly profit, sending its shares up 7.8% in premarket trading......»»

Category: topSource: reutersMay 6th, 2020

GM tops estimates despite coronavirus, sets North American restart

General Motors Co on Wednesday reported a huge plunge in first-quarter profit that raced past expectations, and the automaker outlined plans for a May 18 restart of most of its North American plants shut down by the coronavirus pandemic......»»

Category: topSource: reutersMay 6th, 2020

Ford wants to restart U.S. car plants shut by coronavirus, if it can convince union

Ford Motor Co on Thursday outlined the safe.....»»

Category: topSource: reutersApr 30th, 2020

Microsoft Teams saw more than 200 million meeting participants in one day in April

Microsoft Corp. fashioned a fiscal third-quarter performance that beat financial projections that were set before the onslaught of the coronavirus pandemic. And it appea.....»»

Category: topSource: marketwatchApr 30th, 2020

Ford should have reached "peak cash pain" in April, says Jefferies

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 29th, 2020

Ford, GM and FCA under gun to restart, rebound before cash dries up

It's costing automakers millions to be idle. They have all taken measures to shore up cash to get through it, but here's how.....»»

Category: topSource: usatodayApr 29th, 2020

The coronavirus pandemic crushed Ford"s Q1 earnings, but the company has enough cash to deal with the crisis (F)

Associated Press Ford reported $34.3 billion in Q1 revenue and a loss of $2 billion on an un-adjusted basis. CFO Tim Stone said that the company has a sufficient cash position to sustain its.....»»

Category: topSource: businessinsiderApr 28th, 2020

Ford posts $2 billion first-quarter loss amid coronavirus

Ford Motor on Tuesday posted a $2 billion first-quarter loss due to the impact of the coronavirus pandemic and said it expected its loss in the second quarter to more than double as it weathers a shutdown of its North American plants......»»

Category: topSource: moneycentralApr 28th, 2020

Ford posts $2 billion first-quarter loss amid coronavirus

Ford Motor on Tuesday posted a $2 billion first-quarter loss due to the impact of the coronavirus pandemic and said it expected its loss in the second quarter to more than double as it weathers a shutdown of its North American plants......»»

Category: topSource: moneycentralApr 28th, 2020

Health advisers to U.S. auto union say masks not enough to shield workers from coronavirus

As Detroit's automakers seek to restart their U.S. plants during the coronavirus pandemic, two health experts advising Michigan's governor and the United Auto Workers union warned against an over-reliance on masks and face shields to keep workers safe......»»

Category: topSource: reutersApr 28th, 2020

GM, Ford and Fiat Chrysler target May 18 U.S. restart date: WSJ

General Motors Co , Ford Motor Co and Fiat Chrysler Automobiles NV are targeting May 18 to resume some production at their U.S. factories after shutting down plants in March due to the coronavirus outbreak, the Wall Street Journal reported......»»

Category: topSource: reutersApr 27th, 2020

Ford counts its cash amid pandemic after $70M exec pay exceeds company"s profit in 2019

Ford is coming out of a brutal 2019 and heading into an even more unforgiving 2020 as it releases it.....»»

Category: topSource: usatodayApr 27th, 2020

Food Supply Chain In Peril As Plants Close Amid COVID-19 Pandemic

As more than a dozen meat processing plants and packaged food companies shutter operations because of infected workers, truck drivers, pork producers and egg farmers say they are running out of options amid the coronavirus pandemic. read more.....»»

Category: blogSource: benzingaApr 23rd, 2020

UAW President Says Talks Ongoing With GM, Ford, Chrysler On Restarting Auto Plants

The UAW is negotiating the safe reopening of automobile manufacturing plants shuttered amid the coronavirus pandemic. read more.....»»

Category: blogSource: benzingaApr 23rd, 2020

Daimler"s earnings plunge as coronavirus hammers sales

German car and truck maker Daimler reported a plunge of nearly 70% in first-quarter operating profit on Thursday due to the coronavirus pandemic and warned that the cash flow it uses to pay dividends would fall this year......»»

Category: topSource: reutersApr 23rd, 2020

Detroit automakers, UAW to continue talks over reopening U.S. plants

The United Auto Workers (UAW) said late Wednesday discussions are still underway with Detroit's Big Three automakers to safely restart U.S. production halted by the coronavirus pandemic......»»

Category: topSource: reutersApr 22nd, 2020

PACCAR Earnings Slow In First Quarter

PACCAR Inc. (NASDAQ: PCAR) reported slowing but solid revenue and profits in the first quarter despite shuttering its truck manufacturing plants in late March because of the coronavirus pandemic. read more.....»»

Category: blogSource: benzingaApr 21st, 2020

Bridgestone to suspend 11 Japanese plants during late April-early May

Japanese tyremaker Bridgestone Corp said on Monday it will suspend operations at its 11 domestic plants, including 8 tyre factories, from late April to early May to cope with dwindling demand due to the coronavirus pandemic......»»

Category: topSource: reutersApr 20th, 2020