Meritage Homes Corporation (MTH) announced orders for the month of April totaled 775 in 2020 compared to 916 in 2019, net of cancellations equating to 20% of gross orders in 2020 and 11% in 2019. “As we previously disclosed, sales momentum increased during the last two weeks of April. Management will be speaking at the conference on May 18, 2020 at 1:30 PM Eastern Daylight Time.
The Detroit Three automakers and their suppliers began restarting assembly lines on Monday after a two-month coronavirus lockdown in a slow revival of a sector that employs nearly 1 million people in the United States. On a chilly and damp Monday morning, hundreds of workers at Fiat Chrysler Automobile's truck plant in Warren, Michigan began lining up before 4 a.m. to start the 5 a.m. shift.
The Detroit Three automakers and their suppliers began restarting assembly lines on Monday after a two-month coronavirus lockdown in a slow revival of a sector that employs nearly 1 million people in the United States.
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.
Mexico's automotive industry can exit the coronavirus lockdown before June 1 if companies have approved safety measures in place, the government said on Friday, seeking to set the record straight after sending out confusing signals on the restart.
Mexico on Thursday pushed back by two weeks the reopening of automotive plants and the mining sector after the coronavirus lockdown, creating confusion among companies about how soon they can reconnect supply chains tied to U.S. manufacturing. The government on Wednesday had indicated the auto sector would resume operations on Monday and published advice to that effect in its official gazette.
Mexico on Thursday appeared to push back by two weeks the date when automotive plants can return to work after the coronavirus lockdown, creating confusion among companies about how soon they can reconnect supply chains tied to U.S. manufacturing.
- General Motors Co's (GM) self-driving car unit Cruise told staff on Thursday it has decided to lay off workers, the latest start-up in the nascent industry to cut jobs during the coronavirus pandemic. Cruise officials acknowledged they were cutting jobs, but declined to confirm the number. The outbreak has caused funding to dry up in the autonomous driving industry.
General Motors Co's (GM) self-driving car unit Cruise told staff on Thursday it has decided to lay off workers, the latest start-up in the nascent industry to cut jobs during the coronavirus pandemic. Cruise officials acknowledged they were cutting jobs, but declined to confirm the number. The outbreak has caused funding to dry up in the autonomous driving industry.
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