Donghee Auto, a South Korean contract producer for Kia Motors’ compact vehicles, has suspended production, a company official stated on Monday, citing a fall in overseas demand as the coronavirus pandemic has spread across Europe. Donghee Auto produces Kia’s Picanto and Ray models. The company has suspended production at its plant located in Seosan, South […]
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General Motors, Honda to develop two new electric vehicles together
General Motors and Honda Motor said on Thursday they would develop two new electric vehicles for Honda and are finding more ways to expand their alliance. The new vehicles will use GM batteries and be put together in GM plants in North America, the companies stated. Honda plans to start selling the vehicles in the […]
Honda extends North American auto plant shutdowns as coronavirus spreads
Honda Motor stated Thursday it will extend halt of all U.S. and Canadian auto plant production through April 10 and at its plant located in Celaya, central Mexico, until April 13, because of the coronavirus outbreak. The automaker’s plant in El Salto in the western Mexican state of Jalisco, will also suspend production operations between […]
Production at Nissan’s UK car plant suspended for April over coronavirus
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 […]
Nissan Vietnam stops production for 15 days due to coronavirus
Nissan Vietnam will close its plant in the central city of Da Nang for 15 days from April 5 to limit the spread of the coronavirus. The company’s 25 dealers nationwide will be also closed from April 1-15 in line with the government’s social distancing campaign, the Japanese automaker stated. Automakers such as Ford, Toyota, […]
Toyota suspends production indefinitely in Vietnam as country enters lockdown
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
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 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 […]
Maruti Suzuki India sales dropped 47% in March 2020
Maruti Suzuki India (MSI), the largest automaker in India, on Wednesday reported a year on year 47 percent decline in total sales at 83,792 units in the month of March, because of the spread of coronavirus. The company had sold 158,076 units in March in 2019, the automaker said in a regulatory filing. The automaker said, […]
Nissan U.S. auto plants will remain closed through late April
Nissan Motor stated on Wednesday its U.S. auto plants will remain closed through late April to help decrease the spread of the coronavirus. The Japanese automaker stated some business-essential work will continue with improved safety measures. Nissan reported earlier its first quarter U.S. sales were down 30%. About 215,344 people in the US have been […]
Japanese automakers brace for US sales as coronavirus impacts clients
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 […]
Nissan suspends production at Kyushu plant due to coronavirus infection
Nissan Motor said it stopped operating the auto production line at its Kyushu plant in Japan to start disinfection work after a worker there tested positive for COVID-19 coronavirus pandemic on March 31. It did not give an indication of when operations may restart, saying that it would be decided based on the guidance of health officials. […]
Geely Holding warns of coronavirus crisis after 35% 2019 profit drop
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
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
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 […]
