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

Visteon Takes Action to Address COVID-19 Impact

Company reducing operational costs in response to lower industry volumes Financial guidance withdrawn due to impact of global pandemic Company donates face shields to help protect front-line medical care givers treating COVID-19 patientsVAN BUREN TOWNSHIP, Mich., April 09, 2020 (GLOBE NEWSWIRE) — Visteon Corporation (NASDAQ: VC) today outlined various actions it is taking in response to the… Continue reading Visteon Takes Action to Address COVID-19 Impact

@Daimler: 09. Apr 2020Mercedes-Benz delivers approximately 477,400 cars worldwide in Q1

April 09, 2020 – Stuttgart. Mercedes-Benz delivers approximately 477,400 cars worldwide in Q1. Daimler AG is supporting the measures to contain the COVID-19 pandemic and is following the directives and recommendations of international, national and local authorities. Accordingly, Mercedes-Benz continues to ensure that its customers worldwide receive important services and emergency services. A key role… Continue reading @Daimler: 09. Apr 2020Mercedes-Benz delivers approximately 477,400 cars worldwide in Q1

Musk says Tesla “Battery Day” will be mid-May…maybe

Tesla has been preparing for a “battery and powertrain investor day,” which had been planned for this month.  But with the world shut down due to coronavirus, company plans have changed. Tesla CEO Elon Musk said tonight that battery day is “most likely postponed to mid May” – though it’s also “hard to predict dates… Continue reading Musk says Tesla “Battery Day” will be mid-May…maybe

Schaeffler places 350 million euro green Schuldschein loan

2020-04-09 | Herzogenaurach Schuldschein totaling approximately 350 million euros makes its debut in difficult market environment Schuldschein includes green tranches designated for a portfolio of sustainable projects Global automotive and industrial supplier Schaeffler has placed its first Schuldschein loan, raising a total of approximately 350 million euros in the current difficult market environment. 300 million… Continue reading Schaeffler places 350 million euro green Schuldschein loan

@GM: General Motors Statement on Ventilator Contract with the U.S. Department of Health & Human Services DETROIT , April 8, 2020 /PRNewswire/ —   GM an…

Terms & Conditions LEGAL NOTICES PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS SITE THIS WEB SITE (THE “SITE”) IS PROVIDED BY GM FOR INFORMATIONAL PURPOSES ONLY. BY USING THE SITE, OR BY DOWNLOADING MATERIALS FROM THIS SITE, YOU AGREE TO ABIDE AND BE BOUND BY THE TERMS AND CONDITIONS CONTAINED BELOW AND ELSEWHERE WITHIN… Continue reading @GM: General Motors Statement on Ventilator Contract with the U.S. Department of Health & Human Services DETROIT , April 8, 2020 /PRNewswire/ —   GM an…

@Hyundai: Kia Soul EV and Telluride win 2020 World Car Awards

Kia Telluride SUV crowned World Car of the YearKia Soul EV electric crossover named World Urban CarSEOUL, South Korea, April 08, 2020 (GLOBE NEWSWIRE) — Kia Motors Corporation has won big at the 2020 World Car Awards with the Telluride named ‘World Car of the Year’ and the Soul EV ‘World Urban Car.’The Kia Telluride… Continue reading @Hyundai: Kia Soul EV and Telluride win 2020 World Car Awards

@VW Group: Flexible quick charging stations launch in China

Volkswagen Group Components and the start-up Shanghai DU-POWER New Energy Technical Co., Ltd. plan to work together to produce flexible quick charging stations in China. An agreement to this effect was signed by representatives from both companies in Suzhou, China. Series production of the flexible quick charging stations is currently scheduled to start in the… Continue reading @VW Group: Flexible quick charging stations launch in China

Car maker: unrest at Daimler: Management Board wants to merge financial organizations

Daimler headquarters in Stuttgart Of all things in the corona crisis, the chief financial officer unsettled his team with an organizational reorganization, according to the company. (Photo: AFP) Munich For Daimler– Chief Financial Officer Harald Wilhelm April 1, 2020 is a special date. Finally the former celebrated airbus-Manager at the beginning of the month not… Continue reading Car maker: unrest at Daimler: Management Board wants to merge financial organizations

@Daimler: Mercedes-Benz delivers approximately 477,400 cars worldwide in Q1

Britta Seeger: “Together with our global retail partners, we have further strengthened our online activities.” Despite the challenging situation, Mercedes-Benz delivered approximately 477,400 cars in the three months of January to March. Mercedes-Benz Vans sold about 64,600 commercial vans in the first quarter of 2020. Significant impact of worldwide COVID-19 pandemic and temporary closures of… Continue reading @Daimler: Mercedes-Benz delivers approximately 477,400 cars worldwide in Q1