Mahindra & Mahindra set to make face shields for medical service providers, using a Ford design. (Image: Dr Pawan Goenka/Twitter) Mahindra & Mahindra, which is actively engaged in the fight against coronavirus and is assisting the government of India and medical services, is to begin manufacture of a face shield/mask, developed from a design sourced… Continue reading Mahindra to manufacture Ford-designed face shield
Tag: Ford
VW burning through $2.2 billion a week with factories closed by coronavirus – Autoblog
FRANKFURT — Volkswagen may have to cut jobs if the coronavirus pandemic is not brought under control as the carmaker is still spending about 2 billion euros ($2.2 billion) a week, Chief Executive Herbert Diess told German TV channel ZDF. Diess told the Markus Lanz talkshow that the German company, which employs 671,000 people worldwide,… Continue reading VW burning through $2.2 billion a week with factories closed by coronavirus – Autoblog
Ford Sollers to suspend car production in Tatarstan from March 28 to April 5
KAZAN, March 27. /TASS/. Car production at the Ford Sollers plant in Yelabuga, Russia's republic of Tatarstan, will be suspended next week in accordance with the Russian President's decree establishing March 30-April 3, 2020 paid days off across the country, the company's PR-coordinator in Tatarstan Indira Salimgaraeva told TASS.
“In compliance with the decree by Russian President Vladimir Putin issued on March 25 following the aggravation of the situation caused by the spread of the coronavirus COVID-19 in Russia, a special mode of activity will be introduced at the Ford Sollers plant in Yelabuga from March 28 to April 5. During this period, the production and shipment of Ford Transit cars, the reception of automotive components and other production activities not related to the life support and maintenance of the accident-free condition of the plant will be suspended, a non-working week has been announced for employees,” she said.
She added that the next week will be a..
Trump demands GM, Ford build ventilators; could order action
FILE PHOTO: U.S. President Donald Trump addresses the coronavirus task force daily briefing at the White House in Washington, U.S., March 26, 2020. REUTERS/Jonathan Ernst WASHINGTON/DETROIT (Reuters) – President Donald Trump urged General Motors Co and Ford Motor Co on Friday to quickly build badly needed ventilators for COVID-19 patients and suggested he could invoke… Continue reading Trump demands GM, Ford build ventilators; could order action
Ineos Automotive reveals its Defender-like Grenadier SUV in greater detail – Forma car News
Ineos Automotive has revealed some of the principal specs of its upcoming Grenadier SUV, which openly takes after the Land Rover Defender classics. Four years ago, just as the first-gen Defender went out of production, Ineos CEO Jim Ratcliffe contacted Jaguar Land Rover asking to buy the production rights. Facing refusal, he decided to design… Continue reading Ineos Automotive reveals its Defender-like Grenadier SUV in greater detail – Forma car News
Fiat Chrysler plans April 14 production restart
CLOSE Fiat Chrysler plans a restart of most production on April 14. (Photo: Kimberly P. Mitchell, Detroit Free Press) Fiat Chrysler Automobiles, which has seen at least three workers die in the midst of the coronavirus outbreak, plans to restart production April 14. The company, in a news release Thursday on the restart date, said it is taking “important… Continue reading Fiat Chrysler plans April 14 production restart
Ford warns employees of pay freeze for executives, other possible cuts
CLOSE Filings for unemployment benefits hit a record 3.3 million last week, the Labor Department said showing the coronavirus’s damage to the economy. USA TODAY Ford CEO Jim Hackett notified all employees in writing Thursday morning that the company would freeze executive pay and stall employee merit raises as part of a push to strengthen Ford’s financials and prevent… Continue reading Ford warns employees of pay freeze for executives, other possible cuts
Hyundai to suspend car production of cars at St. Petersburg plant during week off
MOSCOW, March 26. / TASS /. Hyundai will suspend car production at its plant in St. Petersburg between March 30 to April 3 in connection with a presidential decree on the announcement of a non-working week in the country, the company said in a statement on Thursday.
“Hyundai Motor Company announces that, according to the decree of the Russian President, in connection with the difficult epidemiological situation associated with the spread of coronavirus, Hyundai Motor Manufacturing Rus plant will suspend production for the period of March 30 to April 3,” the company said.
Earlier, the Nissan plant in St. Petersburg announced a suspension of production for a week for the same reason.
Earlier this week automakers began to suspend production at their Russian factories due to problems with the supply of parts. Volkswagen and PSA have already announced a downtime, while Sollers also announced the risk of suspension of production of cars at UAZ and Ford Sollers. A significant part of the tota..
GM cuts paychecks of salaried workforce, executives
Detroit — The spreading coronavirus crisis is pushing General Motors Co. to cut its salaried workforce’s pay by 20% for potentially up to six months, a company spokesman said Thursday, but the automaker would pay back the reductions with interest later this year or early 2021. GM’s cost-cutting action follows Ford Motor Co.’s move to defer portions of salaries for 300 top… Continue reading GM cuts paychecks of salaried workforce, executives
2,000 contract workers let go at Fiat Chrysler as automakers hunker down
Almost 2,000 contract workers across North America at Fiat Chrysler Automobiles will be out of a job as projects are paused, another indication of the pressure the auto industry is under amid the coronavirus pandemic. General Motors Co. and Ford Motor Co., meanwhile, are borrowing billions from existing credit facilities to ensure financial flexibility as… Continue reading 2,000 contract workers let go at Fiat Chrysler as automakers hunker down