Martes, Setyembre 1, 2020

Former GM executive Boler Davis in mix for top Amazon logistic post

Boler Davis must keep Amazon facilities operating smoothly during the busy holiday season amid a global pandemic that has fueled a surge in online shopping even as it laid low scores of the Amazon workers who pick and pack orders for delivery.



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Tesla to raise $5 billion through share offering

The share sale comes a day after a 5-for-1 stock split took effect, Tesla's first since its initial public offering about a decade ago.



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GM, Ford end U.S. ventilator production

GM said it delivered 30,000 units from a plant in Indiana while Ford shipped 50,000 units from a Michigan operation.



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Hyundai sales slip in comparison-skewed month

Hyundai posted a 8 percent decline in U.S. sales last month as lower fleet shipments, some quirks in the reporting calendar and ongoing challenges from the pandemic ended a brief run in the winning column.



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Geely, GM's JV both wade into pickup truck competition

The companies are trying to tap into the niche market, which still accounts for less than 2 percent of overall vehicle sales in China, but that has outperformed as local governments ease restrictions on their entry into urban areas.



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Lunes, Agosto 31, 2020

Ford to cut 1,000 N.A. salaried jobs amid overhaul, report says

Ford's salaried job cuts are aimed at improving the automaker’s efficiency and are not related to rising costs from the coronavirus pandemic, Bloomberg reported. An announcement could come as early as this week, people familiar with the matter said.



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BMW cutting U.S. jobs in a down market

A spokesman declined to disclose the number of jobs being axed but noted the cuts do not affect the automaker's assembly plant in Spartanburg, S.C.



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