Coronavirus

Coronavirus bill would provide $114 billion to prop up faltering transportation networks

As states have expanded orders and advice to people to remain at home in an effort to slow the spread of the virus, the numbers of people traveling and buying tickets for planes and trains has slowed to a trickle. On Tuesday, the Transportation Security Administration reported a nearly 90 percent decline in passenger numbers compared to last year. Transit agencies across the country have described similar drop-offs in demand.

The provisions in the congressional deal are designed to ensure that businesses don’t go bankrupt or public agencies default on their debts before passenger numbers recover.

Some details in the $2 trillion legislation were still being finalized, but in a presentation Wednesday afternoon, Jeff Davis, a senior fellow at the Eno Center for Transportation, said he did not expect any changes to affect the final figures for transportation.

The bill is expected to pass the Senate on Wednesday before heading

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Iron Horse Bicycle Classic postponed because of coronavirus

Memorial Day weekend in Durango is synonymous with the Iron Horse Bicycle Classic. It’s the symbolic start of summer tourism season, as thousands of cyclists line up in a 47-mile road race from Durango to Silverton to try to beat a locomotive from the Durango & Silverton Narrow Gauge Railroad.

It’s been that way for 48 years, but not this year.

As the new coronavirus pandemic has continued to bring the world to a halt in all walks of life, the famed cycling event wasn’t spared. In uncertain times with no clear picture of when the COVID-19 outbreak will slow down or be controlled, the IHBC was forced to announce a postponement Thursday in an email to all registered riders.

“We just want everyone to understand this is based on obvious safety concerns. We don’t want to be part of the problem,” said IHBC Race Director Gaige Sippy. “We hope

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Car sales are plunging in the US because of coronavirus

Fiat Chrysler (FCAU) announced Wednesday that its first-quarter sales in the United States fell by 10% even though sales were up the first two months of the quarter.

“Strong momentum in January and February was more than offset by the negative economic impact of the coronavirus in March,” said the company.

General Motors (GM) reported a 7% drop in sales for the quarter, which it attributed to the sharp decline in March sales because of the virus outbreak.
Neither company would release the month-by-month sales figures. But Toyota (TM) reported results for both March and the quarter. Its daily sales pace plunged 32% in March, while its overall sales in the month fell 37%, hurt in addition by one fewer sales day in the month. Overall, its first-quarter sales fell 9%, similar to the declines reported at Ford and GM. So it’s possible that
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Coronavirus: Car sales in China fall 92% in February

Cars in show room in ChinaImage copyright
Getty Images

Car sales in China fell 92% in the first half of February as the coronavirus shutdown took its toll, according to an industry trade body.

Car dealerships have remained closed while buyers have stayed away to prevent the spread of the deadly virus.

Nationwide car sales slumped 96% in the first week of February to a daily average of just 811 vehicles.

The China Passenger Car Association (CPCA) said it hoped sales would pick up as more showrooms reopened.

“There was barely anybody at car dealers in the first week of February as most people stayed at home,” said CPCA secretary general Cui Dongshu.

Dealers have gradually restarted operations this month, and the automobile trade body is hoping sales will improve during the second half of February.

Chinese car maker Geely has just launched a “contactless” service that lets customers buy its cars online and get

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