Author Archives: Archer Savory
Tesla Chief Musk Willing to be Arrested as He Pushes to Reopen California Factory
Tesla Chief Elon Musk Monday stated manufacturing was resuming at the EV manufacturer’s sole vehicle manufacturing unit, in California, defying an order to remain closed and saying if anybody needs…
Andretti Eager to See Ferrari Join North American IndyCar Series
Motor racing god Mario Andretti would like to see Italian car manufacturer Ferrari be part of the North American Indycar series as a chassis and engine supplier. Andretti, one of…
Uber Posts 14% Increase in Q1 Revenue
Uber Technologies' ride service bookings recovered in recent weeks as the company expects a coronavirus-related downturn will delay the objective of becoming profitable by a matter of quarters, not years,…
Deere, Caterpillar Policies Help Keep Plants Running Through Coronavirus Pandemic
While Detroit auto manufacturers’ unionized auto plants have been shut by the coronavirus pandemic, farm and construction gear manufacturers Deere and Caterpillar have won the support of the United Auto…
General Motor Awards Thermal Camera Contract to Flir Systems
General Motors has tapped thermal camera manufacturer Flir Programs for scanners to detect fevers among employees when they return to GM’s factories, the companies announced on Wednesday. General Motors stated…
DuPont Foretells Tough Q2 as Auto Sales Plunge Due to Coronavirus
Industrial materials manufacturer DuPont stated Tuesday its Q2 would be the “low point of the year as the COVID-19 pandemic pulls the brakes on global car sales, hurting the company’s automotive…
BMW Withdraws Margin Scope for Car Unit
BMW Tuesday lowered the outlook for the profitability of its automotive and bikes units, citing worse-than-expected demand, which has been struck by steps to contain the coronavirus. BMW stated it expects…
Tesla’s Musk Terms Coronavirus Lockdown as Fascist
Tesla's outspoken founder and CEO Elon Musk Wednesday called sweeping stay-at-home bans to curtail the coronavirus outbreak “fascist” as the electric car manufacturer posted its third quarterly profit in a…
Ford Estimates $5 Billion Loss in Q2 as Demand Drops
Ford Motor stated Tuesday its second-quarter loss would greater than double to over $5 billion from $2 billion within the first quarter because of the impression of the coronavirus pandemic, but…
Ohio, Michigan Governors Divide on Plans to Reopen Businesses
Ohio Governor Mike DeWine defined first steps towards reopening the state’s economy Monday, diverging from Michigan Governor Gretchen Whitmer, who said she wouldn't be held to artificial timelines while fighting…