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Volkswagen India has announced that it has extended the service standard warranty for its consumers to assist them in the coronavirus crisis. The Volkswagen vehicle owners with warranty ending between 22nd
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Renault put majority of its white collar staff in the Ile-de-France region around Paris on partial unemployment on Monday because the lockdown imposed following the spread of the coronavirus outbreak
Fiat Chrysler top executives will temporarily slash their salaries to maintain the automaker’s financial soundness because of the coronavirus crisis, CEO Mike Manley informed employees on Monday. Manley said he
Czech automaker Skoda Auto, part of the Volkswagen Group, will increase stoppage at its domestic plants to April 14, thus modifying their original return date of April 6, the automaker said. Skoda is the
Volkswagen may have to cut jobs if the coronavirus pandemic is not brought under control as the German automaker is still spending about 2 billion euros ($2.2 billion) a week, CEO Herbert Diess informed German
Volkswagen has said that it has imported medical equipment worth of 40 million euro ($44.67 million) to Germany on Saturday from China to help the health workers fight the spread of
Luxury automaker Ferrari stated on Friday it would extend the shutdown of its two Italian plants and resume on April 14, provided it had supplies, and update 2020 forecasts in
Fiat Chrysler Automobiles (FCA) stated on Thursday it has accepted a new credit facility with two banks, at a time when significant automakers are having to close plants, losing revenue
Mitsubishi Corp could possibly invest in Renault as part of scenarios being thought to reinforce an alliance between Renault, Nissan and Mitsubishi Motors, two sources knowledgeable with the issue said.
Volkswagen expects the German auto market to make a recovery in the summer after the automaker was forced to stop output due to the coronavirus pandemic, an executive said. The
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