Martes, Marso 31, 2020

Subaru to suspend Japan output, extend U.S. shutdown

The automaker is halting production due to supply chain interruptions triggered by the coronavirus outbreak and to adjust volume given the "rapid decline in demand around the world.”



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Genesis recruits new U.S. sales director from Infiniti

Tedros Mengiste will take over sales and dealer-facing duties and will report to Mark Del Rosso, CEO of Genesis Motor America.



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Ford to build respirators in Michigan near home of Mustang

Using paid volunteers from the work force assigned to an idled assembly plant in Flat Rock, Mich., Ford will begin respirator output next week, according to UAW local officials at the factory.



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UAW names former NLRB chair as independent ethics officer, launches hotline

The steps come as federal prosecutors continue to dangle the possibility of placing the UAW into federal receivership through the Racketeer Influenced and Corrupt Organizations Act.



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Ford CEO plans furloughs if crisis lingers

Jim Hackett told a Detroit radio station he could envision a scenario in which employees would be off without pay one out of every four weeks should the crisis last beyond early May.


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VW names Schneider to government affairs post

Anna Schneider takes over as head of public affairs and public policy for Volkswagen Group of America on April 3, succeeding longtime executive David Geanacopoulos, who is retiring.



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Tesla’s drive to keep plant open irked city that saw health risk

Public records provide a detailed glimpse of what was a contentious days-long debate between local authorities and Tesla, which sought to stay open based on how the federal government defines critical infrastructure sectors.



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UAW names former NLRB chair as independent ethics officer, launches ethics hotline

The steps come as federal prosecutors continue to dangle the possibility of placing the UAW into federal receivership through the Racketeer Influenced and Corrupt Organizations Act.



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Penske Auto cuts exec pay, furloughs staff, delays capital outlays

CEO Roger Penske and President Robert Kurnick will take no salary during the coronavirus outbreak, while executives and managers throughout the dealership group's global team are taking undisclosed pay cuts.



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Trump administration completes rollback of Obama-era fuel efficiency rules

The announcement sets up a legal battle with California and more than 20 other states that plan to sue over the fate of one of most ambitious U.S. climate change regulations.



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Ford indefinitely delays reopening N.A. plants; third worker death reported

The automaker has pushed back targeted opening dates twice now as the pandemic worsens. It was previously aiming to begin work at Hermosillo Assembly in Mexico on April 6 and a handful of U.S. plants on April 14.



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BorgWarner warns Delphi acquisition could be at risk

Delphi drew down its full $500 million revolving credit facility to position for the downturn related to the coronavirus pandemic, a move BorgWarner said breached their merger agreement announced in January.



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Volvo to offer pickup, delivery, loaners for service

Volvo is removing a major pain point for customers with a vehicle undergoing service -- having to schlep to and from the dealership.



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Ford indefinitely delays reopening N.A. plants

The automaker has pushed back targeted opening dates twice now as the pandemic worsens. It was previously aiming to begin work at Hermosillo Assembly in Mexico on April 6 and a handful of U.S. plants on April 14.



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VW: Sales picking up across industry after blow

The head of VW's China operations expects industry sales to rise to 1 million in March, up from 250,000 in February when the coronavirus outbreak depressed volume. While most of VW's factories have resumed output, the company's assembly plants in Changsha and Urumqi remain closed.

 



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Lunes, Marso 30, 2020

Penske Automotive to cut executive pay, furlough employees, postpone capital expenditures

CEO Roger Penske and President Robert Kurnick will take no salary during the coronavirus outbreak, while executives and managers throughout the dealership group's global team are taking undisclosed pay cuts.



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U.S. to finalize fuel efficiency rewrite through 2026

EPA chief Andrew Wheeler said the final rule will raise U.S. fleet fuel economy, reduce air pollution and "make new vehicles more affordable." California and 22 other U.S. states plan to challenge the rewrite.



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FCA to defer 20% of salaried workers' pay; Manley to take 50% cut

Most salaried employees globally will have to give up 20 percent of their pay for three months but will get the money later, according to a letter from CEO Mike Manley, who will have his salary cut by half. Nineteen other top execs will take a 30 percent hit.



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Ford, GE Healthcare to build 50,000 ventilators in next 100 days

The automaker plans to begin building ventilators at its Rawsonville Components Plant using 500 paid UAW volunteers on three shifts beginning the week of April 20.



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UAW board files internal charges against regional director over harassment allegations

If found guilty of so-called Article 30 charges in a union trial, Region 2B Director Richard Rankin could be removed from office.



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Exor to invest $200 million in Via Transportation

The investment by the holding company for Italy's Agnelli family would give it an 8.87 percent stake in the on-demand, shared transit provider.



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Labor Department extends deadline for union financial reports

The advisory covers unions whose main office is located in areas highly impacted by the pandemic. The UAW's report was expected to shed light on the union's financial condition amid its ongoing federal corruption scandal and last year's strike at General Motors. 



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Honda names new Acura advertising exec, U.S. PR head

Sage Marie will become assistant vice president of Acura advertising. Moving into Marie's role at American Honda will be Matt Sloustcher.



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Paris auto show organizers seek ways to rescue event amid virus outbreak

Organizers stopped short of canceling or postponing the show, but they suggested that the traditional automaker displays would not be held this year.



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Paris auto show organizers seek ways to rescue event

Organizers stopped short of canceling or postponing the show, but they suggested that the traditional automaker displays would not be held this year.



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