Barrett-Jackson plans fall auction in Scottsdale with COVID-19 safeguards

Automotive auctioneer Barrett-Jackson on Thursday stated it options to hold a exclusive tumble auction in Scottsdale, Arizona inspite of the state’s status as a coronavirus hotspot and its overall look in a White Home doc as a person of eighteen “red zone” states the place drastic ways are necessary to slow to unfold of COVID-19.

The 3-working day auction is set for Oct. 22-24 at WestWorld and is in lieu of the previously scheduled gatherings at Las Vegas and Palm Beach, which ended up canceled because of to the pandemic. It will be broadcast live on the History channel and

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NHRA’s financial and restart struggles post COVID-19 shutdown

BROWNSBURG, Ind. — Two-time Amusing Vehicle environment winner Matt Hagan listened to the stories throughout the pandemic-compelled shutdown.

Furloughed crew users sought out odd employment to shell out payments. Some of his teammates commenced driving cement vans. And Hagan thought about how his father, a auto dealership proprietor, continued paying staff even with losing thousands and thousands all through the recession that strike in 2008.

Sooner or later, Hagan concluded, the world’s leading drag-racing collection should get again to get the job done.

“A great deal of folks, like my wrench fellas, they you should not have everything else,” Hagan

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COVID-19 recovery ebbs and flows – the week | Automotive Industry Comment

It was, as you have possibly now mentioned on your own, some thing of a combined 7 days. COVID-19 ebbed and flowed by nation, with some pockets of the US flaring back again up a minor following relaxing of lockdown, other defying the development with infections and deaths continuing to slide even as men and women mingled additional in recently socially distanced bars, places to eat and, of system, even the bit by bit reopening casinos of Las Vegas and other gambling warm spots.

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Automotive leadership in a post Covid-19 world, Auto News, ET Auto

The leader is expected to typically take a step back, a few thousand feet up in the sky and look at the bigger picture.
The chief is anticipated to typically consider a move back, a several thousand feet up in the sky and look at the even bigger photo.

By Avik Chattopadhyay

In the three a long time I have been affiliated with the automotive marketplace, one aspect that has usually fascinated me is its “Leadership”.

By management I imply organisational leaders, their operational attributes and behavioural patterns and, the nurturing of potential leaders. I have had the fortune of working below several styles of leaders –the builder, the challenger, the nurturer, the benevolent despot and the insecure. I am not talking about staff

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COVID-19 adds to M&A rationale in automotive sector | Automotive Industry Comment

The second half of this year could see an upsurge in M&A activity as markets come back and automotive sector recovery builds

The next 50 % of this calendar year could see an upsurge in M&A activity as markets come again and automotive sector restoration builds

Exor NV – Fiat-Chrysler’s (FCA’s) major investor – has confirmed the timing for the proposed FCA-PSA merger for completion by early 2021 as at first announced. It is each a well timed reminder that the extensive-expression motorists of mergers and acquisitions (M&A) in the automotive sector have not absent away and that the COVID-19 disaster and its impression on companies will truly accelerate restructuring.

The COVID-19 disaster will be adding pressures for company restructuring in the

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