Investing in Nissan’s Spanish factory is cheaper than closing it, says industry ministry official

Nissan Motor logo

Nissan Motor would find it cheaper to invest in its factory located in Barcelona than to close it, a senior Spanish industry ministry official stated on Monday, pegging the estimated cost of a shutdown at over 1 billion euros ($1.1 billion). Europe has long been a difficult market for automakers because of overcapacity, tough competition […]

Renault stops Spain operations following declaration of state of emergency

Renault Clio Geneva Motor Show

French automaker Renault stated on Tuesday that it was halting operations in Spain after the declaration of a state of emergency because of the spread of coronavirus outbreak. “Groupe Renault has decided to stop its industrial activity in Spain for the duration of the state of emergency,” Renault stated. “This decision was communicated yesterday to […]

Several Renault-Nissan plants in Spain halted due to coronavirus

Renault-Nissan logo

Several Renault-Nissan plants in Spain have temporarily stopped production on Friday or were planning stoppages next week because of a lack of parts amid the coronavirus epidemic, company officials stated. Nissan’s two Barcelona plants stopped operations on Friday afternoon as a wheels provider was affected by a lockdown in the town of Odena nearby due […]

Volkswagen’s SEAT in Martorell to stop on Monday due to coronavirus

SEAT Ateca

The major plant of Volkswagen‘s Spanish unit Seat in Martorell near Barcelona will stop operations on Monday for an unknown period of time because of logistical problems associated with the coronavirus epidemic, a company spokesman stated on Friday. Matias Carnero, a union leader at SEAT, informed Reuters the stoppage could last up to six weeks, […]