VW Atlas Cross Sport has what it takes to run with the best 5-seat midsize SUVs

CLOSE Midsize SUV delivers style, value, features Detroit Free Press Volkswagen hit a trifecta with the Atlas Cross Sport five-passenger SUV: Looks, value and features. After struggling to cash in on the SUV boom for years, VW’s model line has caught up with the American customer. SUVs accounted for 52% of 2019 US vehicle sales,… Continue reading VW Atlas Cross Sport has what it takes to run with the best 5-seat midsize SUVs

Honda, Nissan to stop paying furloughed workers at US plants

Shiho Takezawa and Chester Dawson, Bloomberg Published 3:00 p.m. ET April 7, 2020 | Updated 3:02 p.m. ET April 7, 2020 Honda Motor Co. and Nissan Motor Co. will temporarily stop paying workers laid off from their idled U.S. plants as the coronavirus stifles demand for cars and trucks. The two Japanese companies on Tuesday… Continue reading Honda, Nissan to stop paying furloughed workers at US plants

Honda, Nissan furlough U.S. workers as auto demand plummets

FILE PHOTO: The Honda logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy/File Photo TOKYO/WASHINGTON (Reuters) – Honda Motor Co (7267.T) and Nissan Motor Co (7201.T) on Tuesday said they had furloughed thousands of workers at their U.S. operations as the coronavirus pandemic slashes demand for… Continue reading Honda, Nissan furlough U.S. workers as auto demand plummets

Fiat Chrysler pushes back manufacturing restart to May 4

Fiat Chrysler Automobiles plans to restart its production plants on May 4. The announcement Monday caps speculation that the plants would remain closed longer than initially envisioned as the COVID-19 outbreak has continued to expand. FCA, which has experienced numerous deaths related to the coronavirus, said employee health is a top priority. The Free Press… Continue reading Fiat Chrysler pushes back manufacturing restart to May 4

Honda, Fiat Chrysler cancel all April U.S., Canadian auto production

FILE PHOTO: Honda Motor’s logo is seen on Civic sedan car at its showroom in Tokyo, Japan October 4, 2017. REUTERS/Kim Kyung-Hoon WASHINGTON (Reuters) – Honda Motor Co (7267.T) and Fiat Chrysler Automobiles NV said on Monday they will extend their auto production shutdown in the United States and Canada to all of April. The… Continue reading Honda, Fiat Chrysler cancel all April U.S., Canadian auto production

Honda extends U.S., Canadian auto production halt through May 1

FILE PHOTO: Honda Motor’s logo is seen on Civic sedan car at its showroom in Tokyo, Japan October 4, 2017. REUTERS/Kim Kyung-Hoon WASHINGTON (Reuters) – Honda Motor Co (7267.T) said on Monday it will extend its auto production shutdown in the United States and Canada through May 1. The Japanese automaker halted production on March… Continue reading Honda extends U.S., Canadian auto production halt through May 1

Toyota halts Japan production as carmakers slam on the brakes

TOKYO — Toyota Motor suspended production at five plants across Japan on Friday, joining the ranks of automakers throughout the world that have been forced to do the same as the coronavirus pandemic stifles sales.  However, Japan’s largest automaker said it hopes its strong cash position can help it endure the pain. “I have said multiple times… Continue reading Toyota halts Japan production as carmakers slam on the brakes

Autoliv Taps Brakes on Dividend Payout, Withdraws ’20 View

Autoliv, Inc. ALV recently canceled its quarterly dividend scheduled for Jun 4 and suspended future dividends until further notice. It also withdrew the 2020 guidance to preserve cash as vehicle sales drop on the coronavirus outbreak. The company also drew the remaining $600 million from its revolving credit facility of $1 billion. Notably, it had… Continue reading Autoliv Taps Brakes on Dividend Payout, Withdraws ’20 View

@Honda: General Motors and Honda to Jointly Develop Next-Generation Honda Electric Vehicles Powered by GM’s Ultium Batteries

Torrance, Calif., Apr 3, 2020 – (JCN Newswire) – General Motors and Honda have agreed to jointly develop two all-new electric vehicles for Honda, based on GM’s highly flexible global EV platform powered by proprietary Ultium batteries. The exteriors and interiors of the new EVs will be exclusively designed by Honda, and the platform will… Continue reading @Honda: General Motors and Honda to Jointly Develop Next-Generation Honda Electric Vehicles Powered by GM’s Ultium Batteries

@GM: General Motors and Honda to Jointly Develop Next-Generation Honda Electric Vehicles Powered by GM’s Ultium Batteries

General Motors and Honda to Jointly Develop Next-Generation Honda Electric Vehicles Powered by GM’s Ultium Batteries 2020-04-02 Builds on GM’s proven advanced technology relationship with Honda Honda will develop unique interior and exterior designs for Honda customers EVs will be produced on GM’s flexible global EV platform to increase scale and capacity utilization DETROIT and… Continue reading @GM: General Motors and Honda to Jointly Develop Next-Generation Honda Electric Vehicles Powered by GM’s Ultium Batteries