By Michael Martina and Ben Klayman DETROIT (Reuters) – Michigan Governor Gretchen Whitmer said on Friday she is hopeful the state can begin to reengage parts of its economy beginning on May 1, days after facing a barrage of criticism for her strict measures to combat the new coronavirus. Later on Friday, President Donald Trump, […]
FRANKFURT (Reuters) – BMW <BMWG.DE> Chief Executive Oliver Zipse said the carmaker is focussing on preserving the health of its balance sheet and workforce which have come under strain during the coronavirus crisis. “No company can possibly get through something like this unscathed. Guaranteeing our liquidity needs to happen very quickly. The Management Board are […]
STOCKHOLM (Reuters) – Swedish truck maker Volvo <VOLVb.ST> said on Tuesday it had signed a deal with German rival Daimler <DAIGn.DE> to set up a joint venture to develop and produce fuel cell systems for heavy-duty vehicles. Daimler will consolidate all its current fuel cell activities in the joint venture. Volvo said in a statement […]
