Nissan Motor Co. is planning to cut about 300 billion yen ($2.8 billion) in annual fixed costs and book restructuring charges as the coronavirus pandemic further depresses the carmaker’s sales, a person with knowledge of the measures said.
Author: World_Newz Mon
Renault resumes operations, opens over 194 showrooms and workshops
Renault has restarted operations in India with resumption of production in a phased manner at its alliance manufacturing facility in Chennai.The customers can book a Renault vehicle through the Renault India website or the MyRenault App with zero booking amount and avail loan facility from Renault Finance.Renault dealerships are sanitizing their facilities and test drive cars.
Hyundai car plant in St. Petersburg to work in two shifts by May 15, says company
ST. PETERBURG, May 12. /TASS/. The auto production plant of Hyundai car concern in St. Petersburg has resumed operations after May holidays, with the plan to work in two production shifts by May 15, press service of the company said in a statement on Tuesday.
“The Russian plant of Hyundai Motor plans to work in two production shifts in the period from May 12 to 15. The plant will produce over 700 cars each day for the Russian market and for export,” the statement said.
The enterprise suspended production due to Russian President Vladimir Putin's decree on days off starting March 30. Hyundai has tightened coronavirus precautionary measures and resumed auto production with the permission of the local authorities starting April 13. Operations at the plant were suspended during May holidays and on May 6-8.
Hyundai car concern launched its St. Petersburg plant in 2010. It is the second-biggest car production plant in Russia that makes Hyundai Solaris, Hyundai Creta and Kia Rio models. ..
Slovak e-mobility specialist Voltia partners with Nissan
The Bratislava-based company Voltia and global automaker Nissan have partnered to bring to the market an expanded Nissan electric pick-up truck optimised for urban last-mile delivery.Equipped with a 40kWh capacity traction battery and smart energy management technology, the e-NV200 XL Voltia reinforces Nissan’s commitment in leading the charge towards sustainable last-mile delivery.
Jaguar XF sedan facelift undergoes testing
Jaguar is expected to reveal an updated XF before the year is out, and a disguised prototype of the sedan was recently spied in Sweden.The new XE will no longer be available with the supercharged V6 S variant for the rest of its lifecycle, while V6 petrol and diesel versions of the F-Pace and XF are no longer on sale.In India, Jaguar recently launched the BS6 version of the XF sedan which is essentially the pre-facelift model of the one that is caught on the lens.
VW CEO: China is full of opportunities in wake of novel coronavirus
German carmaker Volkswagen AG sees new opportunities abounding in China, as the country subdues the coronavirus outbreak.The carmaker’s China performance was a stark contrast to other parts of the world.Wealthy customers are coming back to the market faster than expected.
SK Telecom to supply car infotainment system to Volvo in S. Korea
SK Telecom Co. said Monday its car infotainment system will be installed in Volvo vehicles sold in South Korea.Under the partnership with Volvo Car Korea Co., the South Korean telecommunications firm will supply its in-vehicle infotainment (IVI) system and will cooperate to develop IVI-related technologies.In January, the company signed a partnership with China-based electric vehicle (EV) maker Byton to develop an IVI system.
Honda Plans to Start Reopening U.S. and Canada Plants on May 11
Honda Motor Co. will resume operations at its vehicle and auto-parts factories in the U.S. and Canada starting on May 11, joining a caravan of other carmakers restarting North American production this month for the first time since mid-March.
BMW to invest $620m in Northeast China
The investment will be used to complete the main building of the new factory of BMW Brilliance Automotive (BBA), a joint venture between BMW Group and Brilliance China Automotive Holdings Ltd.BBA rolled its 3 millionth car, a plug-in hybrid, off the production line in Shenyang on Feb 27, after it resumed production in the city’s Tiexi and Dadong plants on Feb 17.Since the launch of BBA in 2003, BMW has invested over 52 billion yuan in Shenyang and completed the building of two vehicle factories, one powertrain plant and one research and development hub.
Breakout time behind plexiglass: Renault factory restarts in France
FLINS-SUR-SEINE, France, May 6 (Reuters) – With temperature scanners on the door and tables partitioned by plexiglass shields in the breakout area, workers at one of Renault's French plants are adjusting to new routines as carmakers try to cope with the coronavirus crisis.
Like peers across Europe, Renault is gradually ramping up production after stoppages linked to the outbreak, as governments begin to ease some lockdown rules.
Inside the Flins factory northwest of Paris, where Renault makes its electric Zoe models and the Micra car for its partner Nissan, sanitary protocols now restrict even the way coffee breaks are held – in a glimpse of measures to expect in other industries as shutdowns are further lifted.
Most retailers are due to reopen in France from May 11, while factories turning out trains and luxury goods are starting up again too.
At Flins on Wednesday, workers wound their way through tents at the entrance, where thermal scanners took their temperature.
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