Fiat Chrysler Automobiles’ top executives and salaried workers around the globe will take pay cuts in an act of “shared sacrifice” brought on by the coronavirus pandemic that has shuttered the automaker’s plants in Europe and North America, according to a company memo seen by Reuters.

Chief Executive Officer Mike Manley said in the memo he will take a 50 percent pay cut for three months starting April 1, while Chairman John Elkann and FCA’s board of directors will forego the remainder of their 2020 compensation. FCA said most global salaried employees will be asked to take a temporary 20 percent pay cut.

“Protecting the financial health of the company is everyone’s responsibility and naturally starts with myself and the leadership of FCA,” Manley wrote.

Members of the automaker’s group executive council will also take a 30 percent pay cut, according to the memo.

Last week, No. 1 U.S. automaker General Motors said it planned to keep its plants closed indefinitely and was reducing the pay of salaried employees and executives and suspending some future product programs to conserve cash.

GM’s chief executive and chief financial officer issued a stark warning to company employees in an internal video, saying that

While we already got a look at the 2021 Genesis G80’s styling earlier this month, only now has the company revealed details on the car’s powertrains and technology. It picks up most of its parts from the also recently revealed Genesis GV80 crossover, but that’s not a bad thing.

Under the hood will be one of three different engines, only two of which will probably appear in America. The first of those is a new turbocharged 2.5-liter four-cylinder making 300 horsepower and 311 pound-feet of torque, which is slightly less power and slightly more torque than the current naturally aspirated 3.8-liter V6 offered in America’s base G80. The second is a turbocharged 3.5-liter V6 making 375 horsepower and 391 pound-feet of torque, making it more powerful and torqueier than the current turbo 3.3-liter V6. Both of these are shoe-ins for the U.S., and they’re also shared with the GV80. The third engine option is a turbocharged 2.2-liter diesel four-cylinder that is likely only for overseas markets. It makes 210 horsepower and 325 pound-feet of torque. The current G80’s optional 5.0-liter V8 will go away with this generation. Each powertrain will be available with rear-wheel drive

DETROIT — The 2020 Detroit Auto Show, scheduled for June, was canceled Saturday, and its venue will be converted into a field hospital as the coronavirus pandemic increasingly devastates Michigan.

The Detroit show, officially known as the North American International Auto Show (NAIAS), is one of the oldest and most prestigious auto shows in the world. Traditionally held in January, this year was the first time the show was to have been held in June, as organizers shifted dates amid competition from other shows.

The coronavirus has already forced organizers to cancel the Geneva Motor Show earlier this year in Switzerland. The New York Auto Show, scheduled for April, was postponed. Its venue, the Javits Center, will be repurposed as a field hospital that’s expected to open Monday.

“Although we are disappointed, there is nothing more important to us than the health, safety and well-being of the citizens of Detroit and Michigan, and we will do what we can to support our community’s fight against the coronavirus outbreak,” NAIAS Executive Director Rod Alberts said in a statement.
 
“With the more than 100 convention centers and facilities around the country being considered to potentially serve as temporary

A couple of months ago we covered a brace of changes GMC made to the 2020 Sierra 1500. Those included availability of the 2.7-liter turbocharged four-cylinder with 310 horsepower and 348 pound-feet of torque, the 5.3-liter V8 getting the 10-speed automatic transmission, the CarbonPro Editions debuting for AT4 and Denali trims, and a new bed view camera. But GMC has made a few more smaller changes throughout, as GM Authority found, part of a detailed overhaul among GM’s pickup lines that’s already changed trim names, trim volume, and prices on the Chevrolet Canyon and GMC Colorado. We’ll start with MSRP adjustments on the 2020 Sierra: 4WD drivetrains in SLT, and the AT4, and Denali trims that only come in 4WD, see a price increase of $200. There are also more MSRPs to consider this year, with a handful of new Elevation models filling price gaps. 

The only changes inside are AT4-logoed all-weather floor liners that come standard for that trim, and adaptive cruise control joining the Driver Alert Package II available on the SLT, AT4, and Denali trims.

Speaking of packages, the Value Packages represent truth in advertising. The new base-model Sierra Sierra Value Package costs