Nick Carey

While U.S. economy slides, heartland auto dealers cry out for more trucks

21 May 2020

URBANDALE, Iowa Jerry Bill is worried the novel coronavirus could hurt business at the Des Moines auto dealership he runs, but not because of a shortage of buyers for the big Ram pickups on his lot.

U.S. auto industry to begin reopening plants in recovery from pandemic

18 May 2020

May 18 The U.S. auto industry is slowly returning to life, with vehicle assembly plants scheduled to reopen on Monday and suppliers gearing up in support as the sector that employs nearly 1 million people seeks to recover from the coronavirus pandemic.

GM sets May 18 North American restart as profit tops estimates

06 May 2020

DETROIT General Motors Co on Wednesday outlined plans for a May 18 restart of most of its North American plants shut down by the coronavirus pandemic as it reported a stronger than expected quarterly profit, sending its shares up 5.3%. | Video

GM investors want to know how much more coronavirus pain remains

06 May 2020

DETROIT, May 6 Investors want to know what kind of economic hit General Motors Co expects from the coronavirus pandemic as it moves forward, whether it needs to raise further cash and when North American vehicle production will resume when it reports first-quarter results on Wednesday.

Discounts may help cure U.S. auto market's coronavirus hangover

04 May 2020

Texas auto dealer Hayden Elder says March was his worst month in 42 years selling cars thanks to the coronavirus, but April brought days that were "almost normal" and he expects bigger customer discounts to help him sell more Dodge Ram pickup trucks this month.

Ford expects $5 billion loss in current quarter as coronavirus hits demand

29 Apr 2020

DETROIT Ford Motor Co said on Tuesday its second-quarter loss would more than double to over $5 billion from $2 billion in the first quarter due to the impact of the coronavirus pandemic, but added it had enough money despite the crisis to last the rest of 2020.

Health advisers to U.S. auto union say masks not enough to shield workers from coronavirus

29 Apr 2020

DETROIT As Detroit's automakers seek to restart their U.S. plants during the coronavirus pandemic, two health experts advising Michigan's governor and the United Auto Workers union warned against an over-reliance on masks and face shields to keep workers safe.

Ford investors keen for details on when automaker will restart U.S. operations

28 Apr 2020

DETROIT, April 28 Investors already know how the coronavirus outbreak has hurt Ford Motor Co's bottom line, so when the automaker releases first-quarter results on Tuesday they will focus on how and when Ford plans to restart North American operations.

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