April 13, 2020, in accordance with the decree of the government of the Samara region, AVTOVAZ JSC, as a system-forming enterprise, resumed the operation of assembly lines in Togliatti. The LADA Izhevsk plant in Udmurtia also resumed its work. AVTOVAZ`s top priority is the health and safety of every employee. The company is fully ready… Continue reading @Renault: AVTOVAZ Group resumes production
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Coronavirus: failures at the restart of the Bosch factory in Rodez
Posted on Apr. 13, 2020, 8:45 a.m. An uncertain recovery. The Bosch factory in Rodez (Aveyron), shutdown since the start of confinement on March 17 after employees have exercised their right of withdrawal, should reopen on Tuesday with only 10% of the 1,350 employees. Should, because management has already requested in vain the reopening on… Continue reading Coronavirus: failures at the restart of the Bosch factory in Rodez
Production to resume on April 21 at Toyota’s Onnaing plant
The Toyoita factory in Onnaing, which assembles little Yaris, has been shutdown since mid-March due to the coronavirus epidemic. It should restart on April 21 with two teams, against three before the epidemic. “We wanted to make a gradual restart to have a serene atmosphere and get the staff used to collective and individual protection… Continue reading Production to resume on April 21 at Toyota’s Onnaing plant
Chinese automakers move into Myanmar to battle Japanese rivals
YANGON — Chinese automakers are ramping up local production in Myanmar as they go head to head with dominant and entrenched Japanese rivals in the fast-growing market. There was a fivefold increase in the number of new cars sold in Myanmar in the three years to 2019, when sales hit 21,916, according to data from… Continue reading Chinese automakers move into Myanmar to battle Japanese rivals
India: Logistics startup FarEye raising $24.5m from Microsoft’s M12, others
Tech-enabled logistics management startup FarEye, operated by RoboticWares Pvt. Ltd, is raising about $24.5 million in its Series D funding round led by Microsoft’s corporate venture fund M12. According to the company’s filings with the Registrar of Companies (RoC) sourced by Paper.vc, M12 will subscribe to 40,866 compulsorily convertible preference shares (CCPS) of RoboticWares for… Continue reading India: Logistics startup FarEye raising $24.5m from Microsoft’s M12, others
Daimler to resume German engine output as China rebounds – Automotive News Europe
FRANKFURT — Daimler’s Mercedes-Benz brand expects production in Germany will slowly be able to resume at some key manufacturing functions later this month. Powertrain plants will reopen first to build up a supply of key parts for vehicle assembly plants, Daimler said in a statement on Wednesday. The automaker’s engine plants and its Kamenz factory… Continue reading Daimler to resume German engine output as China rebounds – Automotive News Europe
@GM: Baojun Reveals Interiors of E300 and E300 PLUS
Baojun Reveals Interiors of E300 and E300 PLUS 2020-04-10 SHANGHAI – Baojun has revealed additional photos of the interiors and more details of two new members of its electric vehicle lineup – the E300 and E300 PLUS. The E300 will be available with a choice of two or three seats, while the E300 PLUS will… Continue reading @GM: Baojun Reveals Interiors of E300 and E300 PLUS
Nissan reportedly wants a $4.6 billion lifeline to ‘engineer a desperately needed turnaround’ amid the coronavirus pandemic
With the ongoing COVID-19 pandemic, car sales have plummeted and factories have been idled – leaving many automakers scrambling for cash.Nissan isn’t the only automaker struggling right now, however.Toyota, Fiat Chrysler, and others have also requested new credit lines while people continue to stay home and car sales plummet as a result.A supposed restructuring plan, scheduled to roll out next month and through March 2023, could slash 1 million cars from annual sales targets.
Aston Martin Wants To Be The “British Ferrari” And Will Prioritize Mid-Engine Cars – CarScoops
Aston Martin chief executive Andy Palmer says he wants to see the car manufacturer establish itself as the “British Ferrari.” The company is in a tough spot at the moment and recently received a significant investment from Canadian billionaire Lawrence Stroll. With Stroll now acting as executive chairman, Aston Martin will change the way it… Continue reading Aston Martin Wants To Be The “British Ferrari” And Will Prioritize Mid-Engine Cars – CarScoops
Lear to defer 20% of salaried employees pay, cut CEO’s salary by 10%
Lear Corp. said Friday it was implementing a temporary 20% salary deferral for all salaried employees in the U.S. and Canada. The auto parts maker said Chief Executive Ray Scott’s salary will be reduced by 10% for the rest of 2020, and other named executive officer salaries will be cut by 5%. To put Scott’s… Continue reading Lear to defer 20% of salaried employees pay, cut CEO’s salary by 10%