Hyundai Motor’s May sales fall sharply on COVID-19 impact
SEOUL—South Korea’s Hyundai Motor Co. said on Monday its provisional May sales fell 39 percent year-on-year to 217,510 vehicles globally, as the coronavir...
International
Long-haul carrier Emirates cuts jobs amid virus
DUBAI, United Arab Emirates — Dubai’s long-haul carrier Emirates said Sunday it fired an undisclosed number of employees as the coronavirus pandemic has halte...
Infected workers, parts shortages slow auto factory restarts
DETROIT — The U.S. auto industry’s coronavirus comeback plan was pretty simple: restart factories gradually and push out trucks and other vehicles for waiting ...
Airlines increase job cuts as pandemic crushes air travel
Major airlines on both sides of the Atlantic are cutting even more jobs as they struggle to cope with a plunge in air travel that will leave the airline indust...
VW spending $2.2B to expand in China’s electric car market
BEIJING—Volkswagen is spending $2.2 billion to expand its presence in China’s electric car industry in the biggest foreign investment announced since the count...
Porsche premieres the new 911 Targa
Introduction of all-wheel drive Targa completes the 992-generation trio of the 911 Following the introduction of the new 911 Coupe and 911 Cabriolet in earl...
Europe car sales tank 55% in March on coronavirus lockdowns
Italy, the first country to be hit by the virus in Europe, suffered the worst drop at 85%, with just 28,326 new cars registered in March MILAN — European c...
Germany approves 9 billion euro aid package for Lufthansa
FRANKFURT, Germany — Germany on Monday approved a 9 billion-euro ($9.8 billion) aid package for stricken airline Lufthansa to keep a major employer going thro...
2020 New York auto show cancelled due to coronavirus pandemic
Organizers said last May 22 that they were canceling the 2020 New York auto show that had previously been pushed back until August, citing the ongoing coronavi...
China auto dealers load up on generous freebies
In China's auto market, worries grow that cashback deals and gifts presage damaging price war Cashback offers, up to 10 free oil changes, generous prepaid g...
