China may release new policies to encourage demand for automobiles, with the country’s auto industry still dealing with difficulties, Xin Guobin, vice minister of industry and information technology, stated on Monday. There is still not enough demand for automobiles, Xin informed reporters, as the outbreak of the coronavirus has significantly cut private consumption. About 81,518 people in […]
coronavirus in China
Peugeot restarts car production in Wuhan
French automaker Peugeot’s joint venture in China with Dongfeng Motor Group stated on Wednesday it had resumed car production at its plant in Wuhan city. Wuhan was the epicenter of China’s coronavirus outbreak. The joint venture is also making vehicles from two other manufacturing bases in Chengdu and Xiangyang. A total of 81,218 cases of […]
China automakers seek government relief because of coronavirus
Automakers in China are asking the government to help after industry-wide sales dropped 79% in February to mark their biggest ever monthly drop, with demand hit by the coronavirus outbreak. Their wish list includes cuts to the purchase tax on smaller automobiles, measures to support sales in rural markets and simplifying car emission requirements, the […]
Wuhan reopens as automakers worry about disruptions
Automakers around the world face the possibility of prolonged supply chain disruptions as factories in China stutter back to life after shut downs because of the coronavirus outbreak. The car industry is generally exposed as Wuhan – the epicenter of the outbreak – is referred to as one of China’s ‘Detroits’, accounting for almost 10% […]
Tesla shares decline as coronavirus impacts China car registrations
Shares of Tesla Inc dropped as much as 14% on Thursday on concerns regarding the impact of the coronavirus on the electric automaker’s vehicle registrations in China. Details from LMC Automotive showed that 3,563 Tesla vehicles were registered in China in January, increasing from 853 vehicles a year earlier, but down from the 6,613 vehicles […]
Honda postpones resumption of operations at Wuhan plant to March 11
Honda Motor stated on Friday that it would push back plans to restart operations at its vehicle plant located in Wuhan, the epicenter of the coronavirus outbreak in China, after government officials asked companies to keep employees away through March 11. In a statement, the Japanese automaker stated that it prepared to restart operations at […]
Renault to extend Wuhan plant closure to February 13
French automaker Renault will extend closure at its factory in China’s Wuhan until February 13, in line with the Chinese government’s guidance over the coronavirus for employees in the city and extended Lunar New year holidays, a representative stated on Monday. Renault’s factory, where it has hired around 2,000 people, had to resume on February […]
American Airlines and Delta Air Lines suspend flights related to China
American Airlines and Delta Air Lines suspend all flights to and from China as the virus called coronavirus spreads. Delta stated it will suspend flights between the United States and China beginning on Sunday until at least April 30, according to a press release. American Airlines has canceled all flights to mainland China. It confirmed […]
Honda plans will resume Wuhan plant production on February 14
Japanese automaker Honda Motor prepares to resume car production at its China venture with Dongfeng Automobile on February 14, according to current government guidance, a company representative informed Reuters on Sunday. The venture is based in the city of Wuhan located in Hubei province, the epicenter of the outbreak of a new flu-like virus called […]
Ford will resume production at China with Changan on February 10
Ford Motor is preparing to resume production on February 10 at its production facilities located in China with joint venture partner Chongqing Changan Automobile, a spokesman for the American automaker said on Wednesday. The production plan for its factories in Chongqing and Hangzhou comes as regional governments have extended Lunar New year holidays to rein […]
Renault to reopen Wuhan plant with Dongfeng on February 10
Renault is going to resume production at the factory it operates with Chinese automaker Dongfeng Group in Wuhan, Hubei province and the epicenter of the outbreak of a latest flu-like virus, on February 10, a spokeswoman for the French automaker stated on Tuesday. The reopening of the plant is set eight days after the end […]
