Tag: Industry

Jaguar Land Rover Owner Wants To Spin Off Cars Unit From Trucks And Buses, Seeks Alliances

Jaguar Land Rover parent company Tata Motors, wants to separate its passenger car business from trucks and buses, seeking a partner as sales in India have slumped for a 16th consecutive month in February. By creating a separate subsidiary for its Passenger Vehicles (including EVs), Tata hopes to provide the unit with “differentiated focus”, helping […]

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Two FCA Workers Confirmed Dead From COVID-19 At Sterling Heights And Kokomo Plants

The novel coronavirus outbreak is starting to take a heavy toll on the U.S. car industry as the first auto plant workers have lost the battle with the COVID-19 disease. Both assembly plant workers were employed by Fiat Chrysler Automobiles (FCA), which has already lost another employee at its Auburn Hills headquarters in Michigan earlier […]

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Porsche Offers Its U.S. Dealers Relief Packages, Guaranteeing Payouts And Bonuses

Porsche North America is trying to look after its 192 U.S. dealers by offering them a relief package in order to compensate for the current sales slowdown caused by the coronavirus pandemic. The German carmaker is guaranteeing payouts, relaxing dealer performance bonus objectives and extending finance, which is something other manufacturers have done as well, […]

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