Movie theater chain AMC warned Wednesday that it may not survive the coronavirus pandemic, which has shuttered its theaters and led film studios to explore releasing more movies directly to viewers over the internet.
Bozzella: Uncertainty remains as automotive restart efforts pick up
The CEO of the Alliance for Automotive Innovation told the Senate Committee on Commerce, Science and Transportation that supply chain challenges, consumer confidence and a weakened economy remain industry concerns.
The nation’s largest new-vehicle retailer is cutting roughly half of the 7,000 employees who were furloughed following a sharp drop in vehicle sales and service business during the coronavirus epidemic.