Autos & Transportation

The A-Hed

Airlines are shipping more live animals, helping cover the drop in passenger flights; making sure the giraffes don’t ‘bump their heads.’

Autos Industry

GM is looking to bolster its engineering and software-development ranks by recruiting new employees, the latest auto maker to bulk up on tech talent as competition with Silicon Valley intensifies for the future automobile.

Autos Industry

Japanese car makers more than double their profit forecasts as recovery from the pandemic picks up the pace, getting a bigger share of the Chinese market in recent months.

Heard on the Street

Detroit has shown that it can deal with pandemics. The question now, particularly as results from Tuesday’s presidential election continue to favor Joe Biden, is whether it can handle electric vehicles.

Earnings

The German luxury car maker reported strong growth in profit and new vehicle sales in the third quarter, as China’s robust recovery from the pandemic continues to bolster premium auto brands.

Autos Industry

Rental-car companies, crushed by a collapse in bookings at the onset of the Covid-19 pandemic, are now getting a lift from rising used-car prices and more people looking to travel by car.

Business

Many companies rebounded faster than expected following the coronavirus-related economic shock this spring, but leaders are warning that the bounceback wasn’t uniform and may prove fleeting as infections surge again.

Heard on the Street

Improving results help Exxon justify its dividend policy but it will take a while until it can fund those payouts without getting smaller or borrowing more.

Heard on the Street

While Ford and Fiat Chrysler enjoyed vintage third quarters, the world’s largest car maker made little apparent effort to rein in costs.

Earnings

Volkswagen, the world’s biggest car maker by sales, became the latest to report a higher-than-expected profit while warning that rising coronavirus cases and fresh lockdowns were threatening the rebound.

Autos Industry

The U.S. auto industry, hobbled this spring by the Covid-19 crisis, has bounced back stronger and faster than many expected with some companies reporting record profits in the third quarter.

Earnings

The aerospace giant is reviewing jet production levels and expects to reduce its headcount by another 11,000 in an effort to stop bleeding cash as the coronavirus pandemic roils global air travel.

Earnings

The biggest aerospace supplier by sales said it is cutting 20,000 jobs this year—up from a previously announced 15,000—as it adjusts to the shrinking airline industry and the sharp drop in jetliner orders and deliveries.