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Automakers

COVID-19

This year has been a "roller-coaster ride" for automakers

by Jack Stewart
Jul 29, 2020
The coronavirus pandemic forced Ford, GM and Fiat Chrysler to close factories and halt production. They're expected to report large losses.
Analysts say this could be one of the most difficult quarters for carmakers in modern history. Pictured: Cars for sale at a Ford dealership in the Queens borough of New York City.
Spencer Platt/Getty Images
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COVID-19

Vehicle sales crash in April, analysts say, dropping by half

by Jack Stewart
May 1, 2020
Pickup truck sales are holding up better than some other vehicles, spurred by incentives like zero-percent financing deals.
A line of Ford F-150 trucks. Dealer incentives tend to work well with truck buyers.
Joe Raedle/Getty Images
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COVID-19

Elon Musk and Tesla report a profit for the first quarter, despite COVID-19

by Jack Stewart
Apr 30, 2020
It's the automaker's third profitable quarter in a row.
Musk told investors Wednesday that the company is "pedal to the metal" on expansion right now.
Win McNamee/Getty Images
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COVID-19

Automakers roll out incentives to woo uncertain consumers

by Jack Stewart
Mar 24, 2020
Offers include seven-year interest-free loans and no payments for six months.
Automakers are offering deals, like six months of payment deferral, to entice people to buy during the global COVID-19 pandemic.
Carl Court/Getty Images
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How electric cars sparked GM's exodus from Australia, New Zealand and Thailand

by Marielle Segarra
Feb 17, 2020
It's part of a larger strategy to exit unprofitable markets.
A sign is viewed at the General Motors Detroit-Hamtramck Assembly as they announced the closing of multiple facilities including this one on November 26, 2018 in Detroit, Michigan.
JEFF KOWALSKY/AFP/Getty Images
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After GM, the autoworkers union will turn to Ford and Fiat Chrysler

by Jack Stewart
Oct 25, 2019
It's called pattern bargaining.
Ford's Chicago Assembly Plant builds the Ford Explorer, Police Interceptor Utility and the Lincoln Aviator.
Scott Olson/Getty Images
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UAW says its 49K members at GM plants will go on strike

by Associated Press
Sep 15, 2019
After contract negotiations between the United Auto Workers Union and General Motors break down, strike action planned for midnight on Sunday.
Bill Pugliano/Getty Images
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Workplace Culture

High stakes in automaker labor negotiations

by Meghan McCarty Carino
Jul 15, 2019
The Big Three have a profitable decade behind them. But from changing consumer tastes to the advent of the autonomous car, threats loom on the horizon.
Bill Pugliano/Getty Images
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Fiat Chrysler and Renault might be headed toward a merger

by Andy Uhler
May 27, 2019
A team-up between the two companies could lead to a huge boost in production, but a decrease in demand for new cars is expected.
The logos of automobile companies (LtoR) Abarth, Lancia, Fiat, Alfa Romeo and Jeep are pictured at the entrance to the Fiat Chrysler Automobiles (FCA) at the Fiat Mirafiori car plant on May 27, 2019 in Turin, northern Italy. - French and Italian-US auto giants Renault and Fiat Chrysler are set to announce talks on an alliance, with a view to a potential merger.
MARCO BERTORELLO/AFP/Getty Images
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U.S. automakers seek advantage at Shanghai Auto Show

by Jennifer Pak
Apr 18, 2019
American manufacturers are eager to win Chinese customers.
Ford Lincoln unveils a luxury SUV with seven seats at the Shanghai auto show. Other carmakers have pushed new SUVs and electric models to drive sales amid a slowdown in the industry.
Jennifer Pak/Marketplace
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