A survey of nearly 3,000 U.S. consumers conducted by TransUnion reveals that those affected financially by COVID-19 closures were about twice as likely to default on a mortgage than an auto payment, sticking to previous trends of ranking transportation needs above other credit products.
The automaker, which is reopening its U.K. factory later than some other companies, said it has spent recent weeks carrying out extensive risk assessments and benchmarking with other manufacturers around the world to put in place safety measures.
Hear Mark Fields’ views on the industry’s return to normalcy. He also looks at the future of retailing, manufacturing, electrification and investments in autonomous driving.
BMW’s restart next week will be gradual — the plant will operate at about 50 percent capacity — as the automaker assesses customer demand and supply chain capacity.
Disney selling face masks featuring characters; nonprofit to benefit