Roush shuts its doors after 2 workers test positive for coronavirus

Roush Enterprises has shuttered its facility in Allen Park after two employees there tested positive for COVID-19/coronavirus. The facility, called B9, is located on Southfield Road. It has been closed since Tuesday, CEO Evan Lyall told employees in a company email. Roush, based in Livonia, engineers and manufactures high performance components for cars often used in street and competitive racing. … Continue reading Roush shuts its doors after 2 workers test positive for coronavirus

FCA distribution center worker in Center Line tests positive for coronavirus

CLOSE The U.S. Centers for Disease Control and Prevention former director Tom Frieden said the response to the pandemic is missing guidance from the CDC. USA TODAY Officials at Fiat Chrysler Automobiles sent home the few remaining workers at the MOPAR parts distribution center in Center Line on Wednesday morning after at least one employee tested… Continue reading FCA distribution center worker in Center Line tests positive for coronavirus

Auto suppliers fear financial ruin as GM, Ford and FCA grind to a halt

CLOSE Following Michigan Governor Gretchen Whitmer’s “stay home” order to try and slow the spread of the coronavirus, Detroit streets were eerily empty. Detroit Free Press About 4:30 p.m.  last Wednesday the employees at auto supplier Dana Inc. in Warren received an unsettling text message from management. The text, obtained by the Free Press read, “We are well… Continue reading Auto suppliers fear financial ruin as GM, Ford and FCA grind to a halt

Helm.ai raises $13M on its unsupervised learning approach to driverless car AI

Four years ago, mathematician Vlad Voroninski saw an opportunity to remove some of the bottlenecks in the development of autonomous vehicle technology thanks to breakthroughs in deep learning. Now, Helm.ai, the startup he co-founded in 2016 with Tudor Achim, is coming out of stealth with an announcement that it has raised $13 million in a… Continue reading Helm.ai raises $13M on its unsupervised learning approach to driverless car AI

GM discounts Chevy Bolt EV electric car up to $10,000 for limited time

GM is going all out to push the Chevy Bolt EV electric car at the end of the quarter with a discount of up to $10,000, leases for just $199 a month, and more. Electrek tracks the best deals on all electric vehicles from dealerships in the US and this is one of the best… Continue reading GM discounts Chevy Bolt EV electric car up to $10,000 for limited time

Almost 2,000 contract employees out of work after Fiat Chrysler suspends projects

Almost 2,000 supplemental contract employees at Fiat Chrysler Automobiles are out of work across North America as the automaker pauses some of its development projects because of financial burdens caused by the coronavirus pandemic. The decision comes as the automaker halts production at its manufacturing plants on the continent and in other countries. Meanwhile, a stay-at-home… Continue reading Almost 2,000 contract employees out of work after Fiat Chrysler suspends projects

Automobili Pininfarina CEO Michael Perschke calls it a day

Michael Perschke, CEO of Automobili Pininfarina, which is owned by India’s Mahindra Group, has called it a day at the pure electric luxury car brand. Earlier today, Automobili Pininfarina Chairman and Mahindra & Mahindra Managing Director, Dr. Pawan Goenka, confirmed Perschke’s departure. With immediate effect, Per Svantesson has been appointed to the role of Managing Director and… Continue reading Automobili Pininfarina CEO Michael Perschke calls it a day

Volkswagen expects car market to recover in summer: FAZ

FILE PHOTO: Employees leave the Volkswagen (VW) plant after VW starts shutting down production in Europe amid the outbreak of coronavirus disease (COVID-19) in Wolfsburg, Germany, late March 19, 2020. REUTERS/Fabian Bimmer BERLIN (Reuters) – Volkswagen (VOWG.DE) expects the car market in Germany to recover in the summer after the auto maker was forced to… Continue reading Volkswagen expects car market to recover in summer: FAZ

Volkswagen expects to resume car production in summer: FAZ

FILE PHOTO: Employees leave the Volkswagen (VW) plant after VW starts shutting down production in Europe amid the outbreak of coronavirus disease (COVID-19) in Wolfsburg, Germany, late March 19, 2020. REUTERS/Fabian Bimmer BERLIN (Reuters) – Volkswagen (VOWG.DE) expects to resume car production in Germany in the summer after the auto maker was forced to suspend… Continue reading Volkswagen expects to resume car production in summer: FAZ

Valeo strengthens its round in Covid-19 storm

Valeo’s capital begins to consolidate. After bpifrance about a year ago , it is now the turn of the Strategic Equity Fund (FSP) to go up to the round of the tricolor equipment supplier. Created in 2013, bringing together several French insurers whose aim is to support French companies via long-term investments, this investment fund… Continue reading Valeo strengthens its round in Covid-19 storm