@Hyundai: Kia Motors Corporation appoints Ho-sung Song as President

Song will spearhead advancement of company’s mid- to long-term strategy ‘Plan S’ Song’s extensive experience across automotive value chain, expertise in overseas operations are expected to help company’s transition to future businesses — electric vehicles and mobility solutions Kia Motors Corporation today announced that Ho-sung Song, Head of Global Operations Division, has been promoted to… Continue reading @Hyundai: Kia Motors Corporation appoints Ho-sung Song as President

@Mitsubishi: Mitsubishi Motors North America Names Yoichi Yokozawa President And CEO

Since joining Mitsubishi Motors Corporation (MMC) in August 1998, Yokozawa, 55, has held senior-level positions throughout MMC’s financial, strategic planning, Nissan-MMC Alliance, and global marketing and sales organizations.  He was previously president and CEO of MMNA from April 2011 until February 2014.  “Yoichi is an experienced team player, and his global background and previous North American… Continue reading @Mitsubishi: Mitsubishi Motors North America Names Yoichi Yokozawa President And CEO

@VW Group: Volkswagen extends suspension of production

At the German plants of the Volkswagen Passenger Cars brand, Volkswagen Commercial Vehicles and Volkswagen Group Components, production has been suspended for a further four days until April 9.           Volkswagen is responding especially to the fall in demand on the automobile market and the challenges faced by the supply chain           At the same… Continue reading @VW Group: Volkswagen extends suspension of production

@VW Group: Volkswagen brand offers dealers extensive liquidity support

Together with Volkswagen Bank, the Volkswagen Passenger Cars brand has created a comprehensive package of measures to strengthen the liquidity of its dealers. In addition to offering extended payment deadlines, temporary increases in credit lines and improved interest conditions, bonuses and incentives are to be brought forward and audits are to be suspended. The objective… Continue reading @VW Group: Volkswagen brand offers dealers extensive liquidity support

@Toyota: Toyota will further extend its production shutdown

Due to the ongoing COVID-19 pandemic and significant decline in vehicle demand, Toyota will further extend the length of its production suspension at all of its automobile and components plants in North America, including Canada, Mexico and the U.S. The manufacturing facilities will remain closed through April 17, resuming production on April 20.  Our service… Continue reading @Toyota: Toyota will further extend its production shutdown

@Groupe PSA: Together Against the Corona Crisis: Opel Supports Dealer Partners

Set of measures decided in close cooperation with dealerships and Opel Bank Numerous processes to improve ability to act and competitiveness Andreas Marx, Head of Opel Germany: Pragmatic solutions in this challenging situation Rüsselsheim.  Given the challenges associated with the continued dynamic spread of the coronavirus, Opel is supporting its dealer partners in Germany with… Continue reading @Groupe PSA: Together Against the Corona Crisis: Opel Supports Dealer Partners