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2020 got off to a decent start in January and February, but shutdowns in the second half of March had an immediate negative impact.
The US auto industry has stepped up yet again in a time of crisis as the nation battles the coronavirus pandemic
The speed at which giant companies such as General Motors, Ford, and GE have come together has been impressive.
General Motors and Ford are ramping up ventilator production to fight the coronavirus pandemic. Here’s where they are now.
GM expects to be able to produce 10,000 ventilators per week when operations gear up. Ford is locating parts ahead of manufacturing.
General Motors and Ventec are gearing up to make critically needed ventilators in Indiana to fight the coronavirus pandemic
The companies said efforts to retool an Indiana, plant, which normally supplies electrical components for vehicles, were underway "around the clock."
Trump is attacking GM on Twitter after a report said the White House was reconsidering a deal to have the automaker help produce ventilators
President Donald Trump also demanded on Friday that Ford produce ventilators, which could be in short supply as hospitals are deluged with patients.
GM employees will have 20% of their pay deferred as the coronavirus pandemic hits the auto industry hard
Last week, GM suspended North American manufacturing and has more recently indicated that a March 30 restart is unlikely.
The healthcare system has raised alarms about running out of ventilators to assist the most severely ill patients at hospitals.
Ford, GM, Hyundai, Honda and other automakers have announced assistance to customers hit by the coronavirus pandemic
Measures range from payment delays to 90-day, no-payment terms on new purchases to zero percent financing deals.
The global car industry shut down in less than a week as the coronavirus pandemic gripped the planet. This timeline reveals exactly how the unpreceden...
Carmakers had endured the Great Depression, two world wars, and the financial crisis, but they have never dealt with anything like this.
The Detroit Big Three and the UAW had earlier agreed to a production drawdown, but further coronavirus cases at plants has led to more shutdowns.