Government, Business, Equipment, Logistics

Auto Industry’s Coronavirus Fears Shift From Supply to Demand

Automakers and suppliers across the globe have been scrambling to keep production going after the coronavirus shuttered parts plants across China. But now a bigger fear is emerging: Consumers may be in no mood to buy cars and trucks.

Gabrielle Coppola | Bloomberg News
March 9, 2020
Government, Business

Fiat Sales Boss Set to Leave After Settling Dispute Over SEC Probe

Fiat Chrysler Automobiles NV’s U.S. sales chief will leave next month after settling a dispute over how he was paid during a federal probe into the carmaker’s reporting practices.

Gabrielle Coppola | Bloomberg News
March 4, 2020
Business

China’s Auto Production to Drop 15% Because of Virus, Supplier Aptiv Says

Automakers probably will dial back production by 15% in China this quarter after extending holiday shutdowns due to the potentially deadly coronavirus, a top supplier said.

Gabrielle Coppola | Bloomberg News
January 30, 2020
Business, Technology

China’s Karma Automotive Plans to Enter Electric Truck, SUV Fray

The pickup truck market that has gone years without an electric entrant may have another competitor join the fray: Karma Automotive, the Chinese-owned carmaker once known as Fisker.

Gabrielle Coppola | Bloomberg News
January 27, 2020
Government, Business, Technology

Tesla Clears Road for Rivian, Others to Sell EVs in Michigan Without Dealers

Tesla Inc.’s legal victory to sell its electric vehicles in Michigan without dealers could clear a path for other carmakers to follow.

Gabrielle Coppola | Bloomberg News
January 23, 2020
Business, Technology, Fuel, Autonomous

Electric-Truck Maker Rivian Raises $1.3 Billion in New Funding

Rivian Automotive Inc., the electric truck maker already backed by Amazon.com and Ford Motor Co., raised another $1.3 billion from investors led by T. Rowe Price to support the rollout of its debut vehicles next year.

Gabrielle Coppola | Bloomberg News
December 23, 2019
Government, Business, Technology, Equipment, Fuel, Logistics

Amazon’s Van-Buying Spree Delivers a Gift to Auto Industry

The Amazon.com vans parked outside apartment buildings and along suburban cul-de-sacs aren’t just bearing gifts to online shoppers this holiday season. The e-commerce giant’s home-delivery push has been a boon to automakers, too.

Gabrielle Coppola | Bloomberg News
December 19, 2019
Business

Fiat Chrysler Agrees to Costly Pay Bumps for Lower-Wage Workers

Fiat Chrysler Automobiles NV agreed to pay $29,500 in wage increases and bonuses to the typical United Auto Workers member over the next four years, according to a summary of a pact reached with the union last week.

Gabrielle Coppola | Bloomberg News
December 4, 2019