Administrators have been brought in at a car parts maker as the coronavirus outbreak led to a drop in new cars being bought. Arlington Automotive Group employs about 600 people in sites in Coventry, Newton Aycliffe, Reading, Stourport, Birmingham and Manchester. Its Derby site has already started closing. The company supplies car makers such as… Continue reading Administrators brought in at car parts maker
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AutoNation swings to loss after gloomy March sales
(Reuters) – AutoNation Inc (AN.N), the largest U.S. auto dealership chain, swung to a quarterly loss on Monday, following a massive sales slump in March due to the COVID-19 pandemic and nationwide stay-at-home orders. The company’s net loss from continuing operations was $232.2 million, or $2.58 per share, in the first quarter ended March 31,… Continue reading AutoNation swings to loss after gloomy March sales
Running out of road: rental car groups fight for survival
Existential moment for Hertz, Avis and Europcar as travel restrictions deal body blow to industry Go to Source
Tesla China sold 3,635 Model 3 vehicles in April, down 64% vs March: CPCA
FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song BEIJING (Reuters) – U.S. electric vehicle maker Tesla Inc (TSLA.O) sold 3,635 Shanghai-made Model 3 vehicles in China in April, down 64% from March, according to the China Passenger Car Association… Continue reading Tesla China sold 3,635 Model 3 vehicles in April, down 64% vs March: CPCA
The Renault factory in Sandouville closed for at least one week
In Sandouville, the Renault factory was to reproduce 100% this Monday. But the lines will finally be stopped, and the 1,900 employees and 700 temporary workers expected at home. Following an interim procedure filed by the CGT on April 24, the Le Havre court ordered the carmaker Thursday to temporarily close this utility vehicle assembly… Continue reading The Renault factory in Sandouville closed for at least one week
Tesla sues Alameda County to force California factory reopening
Tesla filed a lawsuit Saturday against Alameda County in an effort to invalidate orders that have prevented the automaker from reopening its factory in Fremont, California. The lawsuit, which seeks injunctive and declaratory relief against Alameda County, was first reported by CNBC. The lawsuit was filed in U.S. District Court for California’s Northern District. Earlier… Continue reading Tesla sues Alameda County to force California factory reopening
Belarus: MAZ Introduces Its First All-Electric Bus
Minsk Automobile Plant (MAZ), a Belarusian manufacturer (Eastern Europe), introduced this week its first all-electric bus, the MAZ 303E10. It’s quite an achievement, as Belarus, outside of the European Union, rarely appears in EV news. The first model is based on the latest generation of the low-floor MAZ 303, has a length of 12.43 m,… Continue reading Belarus: MAZ Introduces Its First All-Electric Bus
COVID-19 impact on rental car companies also hurts automakers
CLOSE Hertz and other rental car companies are being hammered by a loss of business connected to COVID-19. That also hurts automakers. (Photo: David Goldman, AP) The rental car business is a mess because of COVID-19, and it’s putting an extra dose of pressure on the auto industry, which provides the vehicles. The coronavirus pandemic has… Continue reading COVID-19 impact on rental car companies also hurts automakers
Elon Musk says Tesla will ‘immediately’ leave California after coronavirus shutdowns forced the company to close its main car factory (TSLA)
Elon Musk says Tesla may leave its Palo Alto headquarters and Fremont, California factory. In a tweet Saturday morning, the chief executive continued his outrage against shelter-in-place orders that have forced most non-essential businesses to close. Last week, Musk likened the rules to fascism, and urged leaders to “give people their goddamn freedom back.” Visit… Continue reading Elon Musk says Tesla will ‘immediately’ leave California after coronavirus shutdowns forced the company to close its main car factory (TSLA)
Elon Musk threatens to pull Tesla operations out of California and into Texas or Nevada
Tesla CEO Elon Musk said Saturday the company will file a lawsuit against Alameda County and threatened to move its headquarters and future programs to Texas or Nevada immediately, escalating a fight between the company and health officials over whether its factory in Fremont can reopen. Tesla had planned to bring back about 30% of… Continue reading Elon Musk threatens to pull Tesla operations out of California and into Texas or Nevada