US auto sales poised for crash after slowest pace in a decade Bloomberg News Bloomberg, Sales & Marketing Carmakers gave an early glimpse of the damage a global pandemic is doing to the...
US jobless claims doubled to record 6.65 million last week Bloomberg News Bloomberg, Risk Management The number of Americans applying for unemployment benefits more than doubled to a second straight...
Toyota to temporarily halt all plants in Europe because of virus Bloomberg News Bloomberg, Risk Management Toyota Motor Corp. will temporarily halt production in Russia, extending the automaker’s list of European...
Jaguar owner to spin off cars unit to seek strategic allies Bloomberg News Bloomberg, Risk Management Tata Motors Ltd., the Indian owner of Jaguar Land Rover, plans to separate its cars...
GM delays models and cuts executive pay in cash-saving moves Bloomberg News Bloomberg, Risk Management General Motors Co. is freezing work on new-vehicle programs and deferring pay for white-collar staff...
Ford becomes largest fallen angel after S&P’s cut to junk Bloomberg News Bloomberg, Capital Markets Ford Motor Co. was cut to junk by S&P Global Ratings as the coronavirus pandemic...
US stocks extend gains with stimulus in sight: Markets wrap Bloomberg News Bloomberg, Capital Markets U.S. stocks looked to post their first back-to-back gain since the coronavirus crisis began as...
GM’s draw-down preserves dividend, signals edge over Ford Bloomberg News Bloomberg, Capital Markets, Risk Management General Motors Co. joined Ford Motor Co. in tapping its credit lines to stock up...