David Welch and Keith Naughton

Government, Business, Equipment, Safety

Michigan’s Extended Order Keeps Auto Industry’s Restart in Limbo

Michigan Gov. Gretchen Whitmer sits in a Ford Ranger pickup truck during the North American International Auto Show in Detroit in 2019. Michigan Gov. Gretchen Whitmer sits in a Ford Ranger pickup truck during the North American International Auto Show in Detroit in 2019. (Sean Proctor/Bloomberg News)

Michigan Gov. Gretchen Whitmer extended her stay-home order another two weeks to May 15 and kept the state’s carmakers and suppliers in limbo over how soon they’ll be able to reopen.

April 24, 2020
Business

GM, Ford Credit Arms May Lose Billions on Used-Car Price Plunge

GM Vehicles are displayed at a car dealership in Illinois in 2019. GM vehicles are displayed at a car dealership in Illinois in 2019. (Daniel Acker/Bloomberg News)

General Motors Co.’s and Ford Motor Co.’s finance arms likely face multibillion-dollar losses linked to the dramatic drop in used vehicle prices, JPMorgan Chase & Co. analysts said.

April 20, 2020
Government, Business

Fear of an Impending Car-Price Collapse Grips Auto Industry

Customers shop for used vehicles outside of a CarMax in California in 2014. (Bloomberg News)

The auto industry — already fretting lengthy factory shutdowns and depressed new-vehicle demand — is starting to sound the alarm about a potential used-car price collapse that could have far-reaching consequences for manufacturers, lenders and rental companies.

April 13, 2020
Business, Logistics

GM Losing Patience With UAW Over Nearly Monthlong Strike

General Motors General Motors CEO Mary Barra (Bryan Mitchell/Bloomberg News)

General Motors Co.’s chief labor negotiator suggested the United Auto Workers is dragging its feet in responding to the automaker’s latest contract offer in a show of frustration with a strike that’s lumbering toward the one-month mark.

October 11, 2019
Business, Technology, Equipment, Safety, Logistics, Autonomous

Ford Partners With Postmates in Path to Driverless Delivery

Ford partnered with Domino’s in 2017 for autonomous pizza delivery trials. Photo by Ford Motor Co.

Ford Motor Co. is expanding its driverless delivery experiment beyond pizza by partnering with Postmates to test what it will take to eventually remove the driver from on-demand distribution.

January 9, 2018