PRESS RELEASE Groupe Renault sets its new Strategy for ChinaGroupe Renault will focus in China on light commercial vehicles (LCV) and electric vehicles (EV).Groupe Renault will transfer its shares in Dongfeng Renault Automotive Company Ltd (DRAC) to Dongfeng Motor Corporation. DRAC will stop its Renault brand-related activities.LCV business is operated through Renault Brilliance Jinbei Automotive… Continue reading RENAULT: Groupe Renault sets its new Strategy for China
Tag: Mitsubishi
Toyota to halt Indonesia production as Jakarta locks down
JAKARTA — Toyota Motor will temporarily shut down production in Indonesia, Nikkei learned Thursday, with the government ordering a partial lockdown in the capital to stem the spread of the novel coronavirus. Toyota will halt operations from Monday through April 17. Toyota subsidiary Daihatsu Motor is to suspend production for eight days starting Friday. Toyota’s annual output capacity in the country totals… Continue reading Toyota to halt Indonesia production as Jakarta locks down
Groupe Renault:COMMUNICATION OF RENAULT’S BOARD OF DIRECTORS 9th April 2020
PRESS RELEASE COMMUNICATION OF RENAULT’S BOARD OF DIRECTORSAnnual General Meeting of Shareholders to take place on June 19, 2020Cancellation of the dividend for the 2019 financial year25% reduction in compensation for the Chairman and interim CEO25% reduction in Directors’ 2020 attendance feesBoulogne-Billancourt, April 9, 2020 – Renault’s Board of Directors, meeting today under the chairmanship… Continue reading Groupe Renault:COMMUNICATION OF RENAULT’S BOARD OF DIRECTORS 9th April 2020
Toyota halts Japan production as carmakers slam on the brakes
TOKYO — Toyota Motor suspended production at five plants across Japan on Friday, joining the ranks of automakers throughout the world that have been forced to do the same as the coronavirus pandemic stifles sales. However, Japan’s largest automaker said it hopes its strong cash position can help it endure the pain. “I have said multiple times… Continue reading Toyota halts Japan production as carmakers slam on the brakes
@Mitsubishi: Mitsubishi Motor Sales of Canada reports 23,836 vehicles delivered in fiscal year 2019
Apr 01, 2020 ID: 16030 Immediate Release Fiscal Year 2019 Sales Highlights (April to March) RVR – 6,976 Outlander – 5,901 Eclipse Cross – 4,948 – 10% increase Outlander PHEV – 4,149 Mississauga, ON – April 1, 2020 – Mitsubishi Motor Sales of Canada reports 23,836 vehicles delivered in fiscal year 2019 representing a three… Continue reading @Mitsubishi: Mitsubishi Motor Sales of Canada reports 23,836 vehicles delivered in fiscal year 2019
@Mitsubishi: Mitsubishi Motors Reports March 2020 Sales
In response to the ongoing COVID-19 outbreak, all MMNA headquarters and regional team members began working from home as of March 16. As of today, 97 dealerships (28% of MMNA’s national count) have closed the sales side of their facilities, and another 94 (27%) are open by appointment-only, due to local government order. MMNA and… Continue reading @Mitsubishi: Mitsubishi Motors Reports March 2020 Sales
@Mitsubishi: Mitsubishi Motors Announces Production, Sales and Export Figures for February 2020
TOKYO, Mar 30, 2020 – (JCN Newswire) – February 2020 Summary * Beginning fiscal 2012, locally branded models produced in China, which to date had been included in the output figure for China, are now excluded * Includes imports to Japan Domestic Production– Sixth consecutive monthly year-on-year decrease since August, 2019; 93.3% year-on-year Overseas Production–… Continue reading @Mitsubishi: Mitsubishi Motors Announces Production, Sales and Export Figures for February 2020
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
@Mitsubishi: Mitsubishi Motors Announces Temporary Production Suspension at a Plant in Japan
TOKYO, Mar 27, 2020 – (JCN Newswire) – Mitsubishi Motors Corporation will temporarily suspend production at the following production line considering the impact on the parts supply chain due to the global expansion of COVID-19 coronavirus. First production line (for Keicar) at Mizushima Plant (Okayama, Japan): From March 27th to April 10th About Mitsubishi Motors… Continue reading @Mitsubishi: Mitsubishi Motors Announces Temporary Production Suspension at a Plant in Japan
Hyundai to suspend car production of cars at St. Petersburg plant during week off
MOSCOW, March 26. / TASS /. Hyundai will suspend car production at its plant in St. Petersburg between March 30 to April 3 in connection with a presidential decree on the announcement of a non-working week in the country, the company said in a statement on Thursday.
“Hyundai Motor Company announces that, according to the decree of the Russian President, in connection with the difficult epidemiological situation associated with the spread of coronavirus, Hyundai Motor Manufacturing Rus plant will suspend production for the period of March 30 to April 3,” the company said.
Earlier, the Nissan plant in St. Petersburg announced a suspension of production for a week for the same reason.
Earlier this week automakers began to suspend production at their Russian factories due to problems with the supply of parts. Volkswagen and PSA have already announced a downtime, while Sollers also announced the risk of suspension of production of cars at UAZ and Ford Sollers. A significant part of the tota..