Pressure on Automakers Rises as Shutdown Gets Extended

Pressure on Automakers Rises as Shutdown Gets Extended

The extension of the rules for social distancing and the shutdown on non-essential businesses through April is certain to intensify the strain on automakers, reducing their cash flow sharply as sales of new vehicles continue to fall precipitously. President Donald...
Toyota Joins Ford, Announcing Production Relaunch

Toyota Joins Ford, Announcing Production Relaunch

This story has been updated to reflect Fiat Chrysler Automobiles’ announcement on its plant closings. Toyota will resume production at “all of its automobile and components plants in North America, including Canada, Mexico and the U.S.” on April 20, the...
GM Shuts Down New Orders for New Corvette

GM Shuts Down New Orders for New Corvette

Perhaps the most-anticipated Chevrolet Corvette ever, the new C8 Stingray, is no longer available — to be ordered. The company stopped taking orders for the 2020 model March 18, due to overwhelming demand combined with a strike-induced delay on getting the Bowling...