Faced with a significant drop in its production volume due to the coronavirus epidemic which affected several of its principals (PSA, Renault, Volvo, John Deere) and several other automotive suppliers, heavy goods vehicles , agricultural machinery and construction, the Walor group was forced to close its two factories in the Ardennes at Bogny-sur-Meuse (210 employees… Continue reading [Covid-19] The Walor group closes two factories in the Ardennes
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Adient suspends FY2020 outlook due to COVID-19 uncertainty
PLYMOUTH, Mich., March 20, 2020 /PRNewswire/ — Adient, a global leader in automotive seating, today announced that it is suspending its FY2020 outlook due to the unprecedented global economic uncertainty caused by the COVID-19 pandemic. (PRNewsfoto/Adient) More Adient will provide a business update on its second quarter earnings call, scheduled for May 1, 2020. “The coronavirus… Continue reading Adient suspends FY2020 outlook due to COVID-19 uncertainty
Ola suspends shared ride option in India
Ride-hailing giant Ola said on Friday evening that it is temporarily suspending pool rides on its platform, called Ola Share, in India in a bid to slow the coronavirus pandemic by encouraging social distancing. The Indian firm, which operates in several countries including Australia, New Zealand, and the UK, offers Ola Share only in India.… Continue reading Ola suspends shared ride option in India
The Coronavirus Pandemic is Likely to Weaken Kamux’s Financial Development in 2020
HELSINKI, March 20, 2020 /PRNewswire/ — The world-wide pandemic and related regulations and restrictions will cause considerable changes in the operating environment of Kamux Corporation (“Company”). According to the Company’s estimate, the changes will decrease the volume of its business and profitability in 2020, and it is not likely that the Company will be able… Continue reading The Coronavirus Pandemic is Likely to Weaken Kamux’s Financial Development in 2020
Corona crisis: Volkswagen is preparing parts production for medical devices
Volkswagen plant in Zwickau Düsseldorf The Volkswagen group prepares according to Handelsblatt information to produce parts for medical devices because of the corona crisis. The main focus is on components for ventilators. “Volkswagen is ready to help,” confirmed a company spokesman on Friday. It is not just about a possible parts production in Germany, but… Continue reading Corona crisis: Volkswagen is preparing parts production for medical devices
@Daimler: 20. Mar 2020Daimler Trucks & Buses maintaining its service network
March 20, 2020 – Mercedes-Benz trucks, FUSO and Daimler Buses are doing everything possible to continue to supply their customers with spare parts and maintenance services in the current situation. Wherever organizationally possible – and subject to respective legal and official requirements – we pursue the clear goal of maintaining our service network across Europe… Continue reading @Daimler: 20. Mar 2020Daimler Trucks & Buses maintaining its service network
VW subsidiary: Porsche applies for short-time work due to corona crisis
Production of the electric Porsche Taycan Undeterred by the crisis, the sports car manufacturer plans to invest a total of around 15 billion euros in electromobility and digitalization by 2024, thereby increasing the budget by five billion euros. (Photo: dpa) Stuttgart Porsche has short-time work for the production interruptions in Zuffenhausen and Leipzig applied for… Continue reading VW subsidiary: Porsche applies for short-time work due to corona crisis
@Nissan: Update on Nissan operations in Europe
2020/03/20 Nissan today announced further measures in its European manufacturing operations in response to the COVID-19 emergency. The company is following all advice from national governments and has implemented a range of measures to ensure the welfare of employees and communities. Additionally, Nissan is ready to support any initiatives where its manufacturing and engineering expertise… Continue reading @Nissan: Update on Nissan operations in Europe
The Government allows vehicle workshops to be opened during the state of alarm only to serve freight carriers
March 20, 2020 Category: Faconauto News Therefore, the Ministry of Transport does not allow its opening to the general public. Since the state of alarm was declared there has been a lot of confusion about whether or not vehicle repair shops and dealer services could open. Almost a week later, the Government announces that it… Continue reading The Government allows vehicle workshops to be opened during the state of alarm only to serve freight carriers
Truckmaker Volvo to put all 20,000 Swedish staff on temporary lay off-scheme
FILE PHOTO: The logo of Swedish truck maker Volvo is pictured at the IAA truck show in Hanover, September 22, 2016. REUTERS/Fabian Bimmer/File Photo STOCKHOLM (Reuters) – Truckmaker AB Volvo (VOLVb.ST) said on Friday it would put all its 20,000 staff in Sweden on short-term temporary lay off-scheme starting next week as it plans to… Continue reading Truckmaker Volvo to put all 20,000 Swedish staff on temporary lay off-scheme