British commercial vehicle output falls -41.8% in March, as coronavirus lockdown measures cause plant closures nationwide.1 Production falls for both domestic and overseas markets, down -43.4% and -40.6% respectively. £82 billion auto manufacturing sector calls on government to support safe and sustainable restart to drive UK economic recovery. New SMMT survey reveals 42.1% of CV… Continue reading Commercial vehicle production down -41.8% as coronavirus takes toll on UK manufacturing
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UK car production falls -37.6% in March as coronavirus halts automotive manufacturing
British car production falls -37.6% in March as coronavirus crisis shuts factories. Output for UK and overseas markets down, -36.8% and -37.8% respectively. New independent outlook reveals at least £8.2bn cost to industry if factories closed until mid-May.1 £82 billion auto manufacturing sector calls on government to support safe and sustainable restart to drive UK… Continue reading UK car production falls -37.6% in March as coronavirus halts automotive manufacturing
@VW Group: Volkswagen Brand – First-quarter sales revenue and profit down on previous year due to impact of Covid-19
Volkswagen Passenger Cars experienced a substantial impact on its business in the first three months of 2020 due to the Covid-19 pandemic. Despite a solid start to the year, deliveries to customers by the core Volkswagen brand decreased by around 25 percent to 1.1 million vehicles over the January to March period of 2020. In… Continue reading @VW Group: Volkswagen Brand – First-quarter sales revenue and profit down on previous year due to impact of Covid-19
@VW Group: Production of high-voltage traction batteries at ŠKODA AUTO restarts as planned
On Monday 27 April, ŠKODA AUTO resumed production at its Czech plants. The company’s main plant also recommenced assembly of high-voltage traction batteries for vehicles that feature plug-in hybrid drive. In order to ensure the best possible health protection, employees are required to comply with the currently applicable code of conduct at all times. Christian Bleiel,… Continue reading @VW Group: Production of high-voltage traction batteries at ŠKODA AUTO restarts as planned
@VW Group: Porsche extends warranty due to the coronavirus crisis
04/30/2020 Porsche is extending the new car warranty by a further three months for all cars with a new car warranty expiring between 1 March 2020 and 31 May 2020. This measure is free of charge for customers and is valid worldwide. The sports car manufacturer is responding with this measure to the coronavirus crisis… Continue reading @VW Group: Porsche extends warranty due to the coronavirus crisis
@VW Group: Corona pandemic: AUDI AG takes stock after difficult first quarter
Against the backdrop of the ongoing corona pandemic, Audi is taking stock after a difficult first quarter of 2020. Due to lockdowns and closed dealerships worldwide, deliveries of Audi-brand cars fell by 21.1 percent in the first three months of this year. The Audi Group’s revenue amounted to €12,454 million and its operating return on… Continue reading @VW Group: Corona pandemic: AUDI AG takes stock after difficult first quarter
@Ferrari: Ferrari starts the “Installation Lap” phase, courses on new safety regulations
Training and serological tests before production resumesand gradually ramps up from 4 May. Maranello, 30 April 2020 – Ferrari N.V. (“Ferrari” or the “Company”) (NYSE/MTA: RACE) has launched the “Installation Lap” phase, safety training primarily for employees involved in the resumption of production from Monday 4 May. The Company has dedicated several days to… Continue reading @Ferrari: Ferrari starts the “Installation Lap” phase, courses on new safety regulations
“Historical process” ended: Volkswagen reaches agreement with 235,000 diesel customers
Julian Stratenschulte / DPA VW Golf at the manufacturer’s main plant in Wolfsburg: Volkswagen has agreed to a comparison with many thousands of customers in the diesel scandal. Immediately before the extended acceptance period for the diesel comparison came to an end, the VW group had agreed with around 235,000 customers on compensation payments. The… Continue reading “Historical process” ended: Volkswagen reaches agreement with 235,000 diesel customers
Kia to offer ‘job loss insurance’ to new car buyers in Europe
FRANKFURT (Reuters) – Korean carmaker Kia plans to offer insurance in Europe which protects clients from having to make monthly payments on a new vehicle if they lose their job, a scheme designed to entice reticent customers back into showrooms after the coronavirus shutdown. FILE PHOTO: Visitors walk past the logo of Kia Motors at… Continue reading Kia to offer ‘job loss insurance’ to new car buyers in Europe
Lordstown Motors Takes Us On A Guided Tour Of Its Electric Truck Plant
Lordstown Motors released a new video, in which its CEO Steve Burns takes us on a guided tour of the plant in Voltage Valley in Lordstown, near Youngstown, Ohio. The former GM Lordstown Complex in Ohio was acquired for about $20 million as GM ceased production on March 6, 2019. The plant consists of three main… Continue reading Lordstown Motors Takes Us On A Guided Tour Of Its Electric Truck Plant