Auto supplier's back-to-work guide shows daunting task ahead
Lear’s 51-page “Safe Work Playbook” outlines protocols ranging from advanced social-distancing practices to on-site health screening of workers, visitors and contractors.
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Tesla nears debut of longer-range Model 3 in China
The sedan, built at Tesla’s Shanghai plant, would have a range of more than 650 kilometers (404 miles) on one charge, compared with about 450 kilometers for the current most basic version that starts at 323,800 yuan ($45,800), Bloomberg reported.
FCA, PSA seek to boost cash before merger
The two automakers have set up additional credit lines to bolster their reserves ahead of the closing of their merger deal. Dividends, including those tied to the merger agreement, could be canceled or postponed, analysts have said.
Mexico asks U.S., Canada to grant automakers transition for USMCA rules
Mexico’s automotive lobby AMIA, insisting automakers and parts suppliers can’t adapt supply chains to meet rules of origin requirements under the USMCA by July 1, urged authorities to postpone until January 2021 the start of sectoral rules in the trade pact.