HANOI, March 31 (Xinhua) — Toyota Motor Vietnam (TMV) has temporarily suspended vehicle production in order to prevent the COVID-19 outbreak from spreading, Vietnam News Agency reported.
The outbreak has impacted all aspects of business, from economy to society, including the automobile industry, and Toyota dealers in the capital city of Hanoi have temporarily closed showrooms and workshops, the news agency cited Toyota as reporting.
Production resumption will depend on the outbreak situation, market demand, supply chain situation, stocks and the country government's restriction regulations, the news agency reported.
TMV is the second automaker in Vietnam to announce operation suspension due to the impacts of COVID-19. The first was Ford Vietnam which suspended operations at its factory in the northern province of Hai Duong.
Tag: Ford
Ford delays manufacturing restart indefinitely, but will build ventilators for coronavirus fight
Get all the latest news on coronavirus and more delivered daily to your inbox.Ford will delay the reopening of its North American manufacturing facilities indefinitely due to the coronavirus pandemic.Approximately 500 paid-volunteer members of the UAW will work at the facility.
@Ford: Ford Further Postpones NA Production Restart to Protect Workforce
Ford is delaying the restart of production at its North America plants to help protect its workers. Go to Source
@Ford: ADDING MULTIMEDIA Ford to Produce 50,000 Ventilators in Michigan in Next 100 Days; Partnering with GE Healthcare Will Help Coronavirus Patients
DEARBORN, Mich.–(BUSINESS WIRE)–Ford Motor Company, in collaboration with GE Healthcare, announced today it will begin producing in Michigan a third-party ventilator with the goal to produce 50,000 of the vitally needed units within 100 days and up to 30,000 a month thereafter as needed. Ford will provide its manufacturing capabilities to quickly scale production, and… Continue reading @Ford: ADDING MULTIMEDIA Ford to Produce 50,000 Ventilators in Michigan in Next 100 Days; Partnering with GE Healthcare Will Help Coronavirus Patients
@McLaren: A consortium of significant UK industrial, technology and engineering businesses from across the aerospace, automotive and medical sectors, has come together to produce medical ventilators for the UK.
A consortium of significant UK industrial, technology and engineering businesses from across the aerospace, automotive and medical sectors, has come together to produce medical ventilators for the UK. The VentilatorChallengeUK Consortium (“the consortium”) is led by Dick Elsy, CEO of High Value Manufacturing Catapult, a group of manufacturing research centres in the UK. Over the… Continue reading @McLaren: A consortium of significant UK industrial, technology and engineering businesses from across the aerospace, automotive and medical sectors, has come together to produce medical ventilators for the UK.
China’s BAIC, Didi plan car leasing service amid new car sales slowdown
FILE PHOTO: The logo of Beijing Automotive Group (BAIC) is seen during the Auto China 2016 auto show in Beijing, China, April 29, 2016. REUTERS/Damir Sagolj BEIJING (Reuters) – Chinese automaker BAIC Group and ride-hailing service provider Didi Chuxing plan to team up with other industry players to lease BAIC’s cars to customers amid concerns… Continue reading China’s BAIC, Didi plan car leasing service amid new car sales slowdown
Interview with PSA CEO Carlos Tavares – view – The KXAN 36 News
The Portuguese Carlos Tavares (61), Chairman of the Board of the French PSA group, is regarded as the Superstar of the auto industry, since he saved Citroën DS, Peugeot and Opel from delicate situations, and has his PSA group profit margins, the Champion performs. To be concentrated at the beginning of this year, the China… Continue reading Interview with PSA CEO Carlos Tavares – view – The KXAN 36 News
Nexteer Reports 2019 Financial Results
AUBURN HILLS, Mich., March 29, 2020 /PRNewswire/ — Nexteer Automotive today reported annual results for its fiscal year ended December 31, 2019. The Company’s 2019 financial results were impacted by various environmental challenges including lower OEM light vehicle production across all regions, led by a decline in China, a GM-UAW labor strike in North America interrupting vehicle… Continue reading Nexteer Reports 2019 Financial Results
Mahindra to manufacture Ford-designed face shield
Mahindra & Mahindra set to make face shields for medical service providers, using a Ford design. (Image: Dr Pawan Goenka/Twitter) Mahindra & Mahindra, which is actively engaged in the fight against coronavirus and is assisting the government of India and medical services, is to begin manufacture of a face shield/mask, developed from a design sourced… Continue reading Mahindra to manufacture Ford-designed face shield
VW burning through $2.2 billion a week with factories closed by coronavirus – Autoblog
FRANKFURT — Volkswagen may have to cut jobs if the coronavirus pandemic is not brought under control as the carmaker is still spending about 2 billion euros ($2.2 billion) a week, Chief Executive Herbert Diess told German TV channel ZDF. Diess told the Markus Lanz talkshow that the German company, which employs 671,000 people worldwide,… Continue reading VW burning through $2.2 billion a week with factories closed by coronavirus – Autoblog