Production at Nissan’s UK car plant suspended for April over coronavirus

Nissan Motor factory in Sunderland, UK

Production at Nissan’s UK factory, the country’s biggest auto plant, is suspended throughout April, maintaining a shutdown in place since mid-March as the coronavirus pandemic spreads across Europe. “During this period, most of the plant employees will be furloughed,” the company stated, referring to a government scheme covering 80% of wage costs for staff placed […]

Toyota suspends production indefinitely in Vietnam as country enters lockdown

Toyota Yaris GRMN

Toyota Motor has halted auto production in Vietnam as the country enters lockdown. All cities in Vietnam stopped public gatherings and shut non-essential public services until April 15. Inbound flights have also been stopped and the number of domestic flights have also been decreased. According to the Vietnamese health ministry, Vietnam has a total of […]

Hyundai, Honda plants closed in Vietnam amid nationwide lockdown

ho chi minh city, vietnam

Hyundai assembler TC Motor and Honda Vietnam have closed their plants for two weeks amid a nationwide social distancing campaign to reduce the spread of the coronavirus, the companies stated on Wednesday. Honda Vietnam will close both its motorbike and auto plants located in the northern province of Vinh Phuc until April 15, while TC Motor, Vietnam’s third biggest […]

Honda to provide 2,000 high-pressure backpack sprayer to Indian government agencies

Honda Jazz India

Honda India Foundation, the Corporate Social Responsibility (CSR) arm of Honda group companies, on Wednesday declared that it will help the Indian government with Rs 11 crore ($1.4 million) aid for relief and prevention efforts to battle the spread of coronavirus. Furthermore, the company will also provide 2,000 units of high-pressure backpack sprayers to the various government […]

Japanese automakers brace for US sales as coronavirus impacts clients

Toyota Motor, Nissan Motor, Honda Motor

As the U.S. auto industry braces for the biggest slump since the 2008 financial crisis because of the coronavirus crisis, analysts are counting the cost for Japan’s automakers — whose fortunes depend largely on the US, which is the world’s second-largest car market. To reflect declining U.S. demand, Goldman Sachs cut its combined operating profit estimate for […]

Geely Holding warns of coronavirus crisis after 35% 2019 profit drop

Geely automobile holding

Chinese automaker Geely Automobile Holdings on Monday stated 2020 may be one of the “most difficult years” in its history, as pressure emerging from the coronavirus crisis on production and sales is likely to continue in the near future. The automaker also said the decline in sales drove net profit down 35% in the last year when the country’s […]

BAIC, Didi plan car leasing service amid new car sales decline in China

Didi Chuxing logo

Chinese automaker BAIC Motor and transportation company Didi Chuxing plan to collaborate with other industry players to lease BAIC’s cars to customers as new car sales have declined. The companies, which have a joint venture to create the next-generation connected-car systems, will collaborate with electric vehicle (EV) battery maker CATL, State Grid, Postal Savings Bank of China and Uxin to build […]

Ola Cabs gives 500 vehicles for coronavirus related activities

Ola India

Karnataka Deputy Chief Minister C. N. Ashwath Narayan on Monday stated Indian ridesharing company Ola Cabs has agreed to provide 500 vehicles to the government for transporting doctors and other coronavirus related activities. Ola Cabs is an Indian ridesharing company, established in 2010. “Ola Cabs has agreed to give 500 OLA vehicles for #Covid_19 related activities in […]