Schaeffler AG verschiebt Hauptversammlung aufgrund der Corona-Krise

2020-03-18 | Herzogenaurach Aufgrund der zunehmenden Ausbreitung des Corona-Virus und des damit einhergehenden Verbots von Großveranstaltungen verschiebt die Schaeffler AG ihre bislang für den 17. April 2020 in Nürnberg geplante Hauptversammlung. Der neue Termin für die Hauptversammlung wird zeitnah bekanntgegeben. Der Termin wird innerhalb der aktienrechtlich vorgesehenen Frist von acht Monaten des aktuellen Geschäftsjahres liegen.… Continue reading Schaeffler AG verschiebt Hauptversammlung aufgrund der Corona-Krise

Schaeffler AG postpones annual general meeting due to corona crisis

2020-03-18 | Herzogenaurach Schaeffler AG has postponed its annual general meeting originally scheduled for April 17, 2020, in Nuremberg due to the growing spread of the coronavirus and the resulting ban on mass events. The new date for the annual general meeting will be announced shortly. That date will fall within the first eight months… Continue reading Schaeffler AG postpones annual general meeting due to corona crisis

Delta Air Lines will park at least half its fleet and close airport lounges

In a letter to employees, Delta Air Lines CEO Ed Bastian today announced that the company is parking at least half of its fleet as demand for flights during the current COVID-19 pandemic has plummeted both in the U.S. and internationally. In total, Delta is cutting 70% of its capacity and 80% of its international… Continue reading Delta Air Lines will park at least half its fleet and close airport lounges

GM, Ford and FCA shutter all North American factories over coronavirus fears

Detroit’s big three automakers are to shut down all factories due to fears over the coronavirus. Details are still in the works and will be announced shortly. Over the last few days, United Auto Workers has been pushing the automakers to shut down their factories over concerns of worker safety. UAW President Rory Gamble sent… Continue reading GM, Ford and FCA shutter all North American factories over coronavirus fears

Ford temporarily suspends production in North American factories

Ford said Wednesday it will temporarily suspend production at its North American factories through March 30 in response to COVID-19, the disease caused by coronavirus. “We’re continuing to work closely with union leaders, especially the United Auto Workers, to find ways to help keep our workforce healthy and safe — even as we look at… Continue reading Ford temporarily suspends production in North American factories

Tesla orders factory workers to come to work in spite of shelter in place directive

Tesla will continue to keep its Fremont, Calif., factory open for production, because it has had “conflicting guidance from different levels of government” over whether it could operate during a shelter in place order in Alameda County, according to an email sent to employees Wednesday by the company’s human resources department. The human resources department… Continue reading Tesla orders factory workers to come to work in spite of shelter in place directive

@McLaren: Luxury automotive, motorsport and technology company McLaren Group has raised additional equity to support its long-term strategy. The Group has also confirmed Paul Walsh as Executive Chairman

Luxury automotive, motorsport and technology company McLaren Group has raised additional equity to support its long-term strategy. The Group has also confirmed Paul Walsh as Executive Chairman. The existing, long-standing shareholders have provided £300m of equity to support the group and McLaren’s commitment to the brand’s strategy. Paul Walsh brings a wealth of business experience… Continue reading @McLaren: Luxury automotive, motorsport and technology company McLaren Group has raised additional equity to support its long-term strategy. The Group has also confirmed Paul Walsh as Executive Chairman

Tesla gives employees more paid-time off if they feel sick, confirms operations will continue

Tesla is giving employees access to more paid-time off if they feel sick or don’t feel comfortable going to work with the coronavirus crisis, but they confirm that they plan to continue production, service, and sales operations. The situation around Tesla’s operations in the Bay Area with the shutdown order has been confusing as authorities… Continue reading Tesla gives employees more paid-time off if they feel sick, confirms operations will continue