GM, Ford credit arms may lose billions on used-car price plunge
General Motors Co. and Ford Motor Co.’s finance arms likely face multibillion-dollar losses linked to the dramatic drop in used-vehicle...
Ford raising $8 billion of junk bonds after virus spurs loss
Ford Motor Co. is taking its first drive through the high-yield market in years, looking to shore up liquidity after...
US jobless claims top 5.2 million, erasing a decade of gains
More than 5 million Americans filed for unemployment benefits last week, bringing the total in the month since the coronavirus...
Fear of an impending car-price collapse grips auto industry
The auto industry -- already fretting lengthy factory shutdowns and depressed new-vehicle demand -- is starting to sound the alarm about a...
AutoNation CEO Cheryl Miller taking leave for health reasons
AutoNation Inc. granted Chief Executive Officer Cheryl Miller a leave of absence for health reasons and said its long-time former...
Third week of big US jobless claims sees 6.61 million filings
Americans applied for unemployment benefits in massive numbers for a third straight week, bringing the total to about 16.8 million...
VW considers options for record $3.6 billion dividend
Volkswagen AG is considering whether to pay out a record 3.3 billion-euro ($3.6 billion) dividend as planned, or use at...
Toyota lays off 5,000 temps, postpones North American reopening
Toyota Motor Corp. is laying off about 5,000 temporary staff employed by partner agencies as it extends the shutdown of...
