Industries

Automotive

Mazda posts second-quarter loss, but helped by rebound in North America sales

Mazda posts second-quarter loss, but helped by rebound in North America sales

Source: Reuters
Date of Publication: November 9th, 2020
Mazda Motor Corp on Thursday posted a 7.59 billion yen ($73.4 million) operating loss in the three months ended Sept 30 as sales contracted amid the coronavirus pandemic.
Avis serving customers at SFO

Covid-19 Slammed Rental-Car Firms, Then Business Turned Around

By: Nora Naughton
Source: The Wall Street Journal
Date of Publication: November 2nd, 2020
After a big collapse in bookings this spring, Avis, Enterprise are benefiting from higher used-car prices and a preference for traveling by auto.
Detroit automakers keep masks on to keep the factories running

Detroit automakers keep masks on to keep the factories running

By: Joseph White
Source: Reuters
Date of Publication: October 27th, 2020
Now, four months after a slow and sometimes bumpy restart in May, many General Motors Co GM.N, Ford Motor Co F.N and Fiat Chrysler Automobiles NV FCHA.MI factories are working at close to full speed, chasing a stronger-than-expected recovery in sales.
Ford’s Q3 vehicle sales outperform industry as demand recovers from coronavirus lockdowns

Ford’s Q3 vehicle sales outperform industry as demand recovers from coronavirus lockdowns

By: Michael Wayland
Source: CNBC
Date of Publication: October 2nd, 2020
Sales of F-Series pickups and SUVs helped Ford outperform its Detroit crosstown rivals as well as the broader auto industry in the third quarter. Ford on Friday reported its vehicle sales in the third quarter were only down 4.9% from a year earlier. That compares to GM, Fiat Chrysler and the overall industry that were down about 10%.
Mercedes and Microsoft team up for virtual car maintenance - Business Insider

Mercedes and Microsoft have teamed up to develop virtual maintenance technology for the coronavirus age

By: Matthew DeBord
Source: Business Insider
Date of Publication: September 10th, 2020
Mercedes-Benz USA has partnered with Microsoft to bring virtual-reality and online-collaboration technology to vehicle service.
Ford will cut 1,400 salaried jobs, offering early retirement - CNN

Ford will cut 1,400 salaried jobs, offering early retirement

By: Chris Isidore
Source: CNN
Date of Publication: September 2nd, 2020
Ford is looking to cut 1,400 white collar jobs in a cost-savings move.
Rolls-Royce says demand for luxury cars is recovering

Rolls-Royce says demand for luxury cars is recovering

Source: Reuters
Date of Publication: September 1st, 2020
The chief executive of Rolls-Royce said demand for his company’s luxury cars is rebounding, helped by sales in Asia, and he is optimistic about the outlook for next year after the coronavirus pandemic hit consumer confidence and closed dealerships.
Buying and Selling a Car During COVID-19 - CARMAX

Buying and Selling a Car During COVID-19 - CARMAX

By: CarMax
Source: CarMax
Date of Publication: May 22nd, 2020
CarMax provides steps on how to buy and sell cars during the COVID-19 pandemic .
CarMax's Response to COVID-19

CarMax's Response to COVID-19

By: CarMax
Source: CarMax
Date of Publication: July 29th, 2020
CarMax describes the changes and policies they have in place to prevent the spread of COVID-19.
Avis Makes Germ-Killing Its Latest Marketing Message

Avis Joins Travel Brands Making Germ-Killing Its Central Marketing Message

By: Robert Klara
Source: Adweek
Date of Publication: August 10th, 2020
Budget's new safety pledge rests on the reputation of Lysol.