Moody's: * MOODY'S SAYS GLOBAL AUTOMAKERSÂ’ LIQUIDITY STRONG AMID CORONAVIRUS PRESSURE. * MOODY'S SAYS EUROPEAN AND ASIAN AUTO MANUFACTURERS HAVE STRONGEST LIQUIDITY. * MOODY'S SAYS GOVERNMENT AID PACKAGES ANNOUNCED IN LATE MARCH WILL BE BENEFICIAL FOR AUTOMAKERS, ESPECIALLY LARGE ENTERPRISES LIKE AUTO MANUFACTURERS.
Envision Solar International, Inc. (EVSI), the leading producer of unique and sustainable infrastructure products for electric vehicle charging, energy security and outdoor media, announces that CEO Desmond Wheatley will be speaking at the annual awards for the 100 BEST FLEETS 2020, Tuesday, April 7th at 12pm PT.
French far-left union CGT on Monday called on workers in the retail, security services and logistics sectors to go on strike from Wednesday demanding safer working conditions during the coronavirus pandemic. Last month France ordered a lockdown to fight the coronavirus. Online deliveries are also allowed.
* GfK consumer confidence -34 vs early March -9, biggest ever fall. * SMMT says car sales down 44% in March, sees 25% fall for year. * Construction PMI weakest since 2009, record low all-sector PMI. * COVID-19 lockdown expected to cause historic fall in output. By David Milliken.
A group representing Britain's car industry cut its sales forecast for this year by 23% to 1.73 million vehicles because of the impact of the coronavirus crisis. The figure represented a 25% fall from the number of new car registrations in 2019, the Society of Motor Manufacturers and Traders said on Monday.
Export expectations in Germany's car sector have fallen to their lowest level since March 2009, when Europe's largest economy was in the throes of the global financial crisis, Germany's Ifo institute said on Monday. "The prospects for the German car sector have significantly worsened due to the coronavirus crisis," Ifo said.
The bosses of Volkswagen, BMW and Daimler held a crisis call with German Chancellor Angela Merkel on Wednesday to discuss how to get the sector out of its current standstill, newspaper Handelsblatt reported on Thursday. It cited participants in the call as saying that carmakers were particularly concerned about the supply chain.
Paytronix Systems, Inc., the most advanced digital guest experience platform, today announced that it is offering the Paytronix self-service online ordering solution to customers of the Toast POS system with no monthly fee for six months.
China is considering temporarily easing quotas designed to boost production of electric cars to help automakers badly bruised by the coronavirus pandemic to revive slumping sales, people familiar with the matter said.
Despite what some experts predict will be a swift bounceback in the overall US economy by midyear, the hospitality industry is going to need to bridge the gap with innovative solutions to maximize revenues and address changes in consumer expectations.
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