What happened
Shares of Ford Motor Company (NYSE: F) opened higher on Monday, as a much-anticipated restart of its U.S. and Canadian factories appeared to be going smoothly.
Wall Street's main indexes surged on Monday as encouraging early data from a potential coronavirus vaccine trial boosted sentiment, with investors also counting on more stimulus to rescue the economy from a deep slowdown.
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U.S. stock indexes were set to open sharply higher on Monday on optimism fueled by encouraging data from a potential COVID-19 vaccine trial, with investors also counting on more stimulus to rescue the economy from a deep economic slump.
The U.S. auto industry slowly returned to life on Monday, with some vehicle assembly plants reopening after the coronavirus lockdown while suppliers geared up to support a sector that employs nearly 1 million people.
U.S. stock index futures surged on Monday with gains spread across stocks ranging from autos to oil as many of the hard-hit countries eased restrictions on business and social activities, boosting hopes of a global economic recovery.
The U.S. auto industry is slowly returning to life, with vehicle assembly plants scheduled to reopen on Monday and suppliers gearing up in support as the sector that employs nearly 1 million people seeks to recover from the coronavirus pandemic.
U.S. employers have cooled to the idea of testing workers for possible immunity to the coronavirus as they prepare to reopen factories and other workplaces.
U.S. employers have cooled to the idea of testing workers for possible immunity to the coronavirus as they prepare to reopen factories and other workplaces.
In this episode of MarketFoolery, Chris Hill chats with Motley Fool analyst Jason Moser about the latest earnings releases. There is a surprising new player in the e-commerce space. They discuss some April CPI figures and talk about some automobile, consumer apparel, live entert
General Motors Co is ready to start building its new generation of large sport utility vehicles at a plant in Arlington, Texas, when it reopens North American assembly plants on May 18, Philip Kienle, the automaker's North American manufacturing chief, told Reuters on Thursday.
What happened
Shares of Ford Motor Company (NYSE: F) closed lower on Wednesday, amid a broad market decline after Federal Reserve Chairman Jerome Powell shared significant concerns about risks to the U.S. economy in the months ahead.
Tesla Inc can take additional steps ahead of a potential reopening of its California assembly plant as soon as Monday after Chief Executive Elon Musk had vowed to defy authorities and won the backing of President Donald Trump, officials said.
India's automakers have warned that total automobile sales could fall as much as 45% in the current fiscal year in a worst-case scenario as economic growth slumps due to the COVID-19 pandemic, and they are seeking government help through the crisis.