Tesla is shutting down its factory due to coronavirus, but it has enough cash to stay in business for a while (TSLA)

Tesla said that it would suspend production at its Fremont, California, factory beginning March 23. The company said that “continued operations” had caused challenges for employees and suppliers. The San Francisco Bay Area is under a shelter-in-place order among a worsening coronavirus outbreak in the US. In shutting down its plant, Tesla joins the Detroit… Continue reading Tesla is shutting down its factory due to coronavirus, but it has enough cash to stay in business for a while (TSLA)

Japan car lobby chief says coronavirus having big impact on sales

TOKYO (Reuters) — A coronavirus pandemic is having a big impact on the automotive manufacturing industry, the head of a Japanese lobby group said on Thursday, adding that its members will need to keep adjusting production, amid a projected slump in demand. “The truth is, it was shocking just how much the world could change… Continue reading Japan car lobby chief says coronavirus having big impact on sales

UPDATE 2-British carmakers and aerospace groups answer call to make ventilators

LONDON (Reuters) – Some of Britain’s biggest companies with expertise in aerospace and cars have formed three teams to produce basic ventilators to help the National Health Service cope with the coronavirus outbreak. Meggitt (MGGT.L), which employs 12,000 people and builds components including oxygen systems for civil aerospace and military fighter programs, is leading one… Continue reading UPDATE 2-British carmakers and aerospace groups answer call to make ventilators

Honda, Audi plants in Mexico suspend operations amid pandemic

MEXICO CITY, March 18 (Xinhua) — Japanese Honda and German Audi automobiles said Wednesday they were temporarily suspending production in their plants in Mexico due to a lack of inputs and a weak demand for vehicles amid the COVID-19 pandemic.
Honda said it will idle its plant in central Guanajuato state from March 23 to 31, as part of a larger company strategy that has also affected plants in Canada and the United States.
The measure will cut North American regional output by some 40,000 vehicles, the company said in a statement.
“Approximately 27,600 Honda partners in North America” will be affected by this temporary suspension, it said.
Audi, which opened a plant in Mexico in 2016, said it will halt production from March 23 to April 13 because of a lack of inputs, a problem that has also impacted its plants in Germany, Belgium and Hungary.
The company said its plant in Mexico's central Puebla state lacks parts and materials for the Audi Q5, and has also experienced delays in t..

Foreign, Domestic Automakers Suspend Production at North American Factories

Photo via Wikimedia/Anonyme General Motors, Ford, and Fiat Chrysler will suspend production at North American manufacturing facilities to fight the spread of COVID-19/coronavirus, according to press statements and news reports. Both GM and Ford stated their suspensions will last until at least March 30. GM stated its production status will be reevaluated week-to-week after that.… Continue reading Foreign, Domestic Automakers Suspend Production at North American Factories

Detroit automakers Ford, General Motors, FCA agree to close all US plants

CLOSE The CDC and a new study look at how long the coronavirus can live on surfaces. USA TODAY The Detroit Three automakers agreed Wednesday to UAW demands to shut down all North American plants as a precaution against coronavirus. During the shutdown, the union members will get paid similar to the compensation plan for when they… Continue reading Detroit automakers Ford, General Motors, FCA agree to close all US plants

GM, Ford and FCA shutter all North American factories over coronavirus fears

Detroit’s big three automakers are to shut down all factories due to fears over the coronavirus. Details are still in the works and will be announced shortly. Over the last few days, United Auto Workers has been pushing the automakers to shut down their factories over concerns of worker safety. UAW President Rory Gamble sent… Continue reading GM, Ford and FCA shutter all North American factories over coronavirus fears

Tesla orders factory workers to come to work in spite of shelter in place directive

Tesla will continue to keep its Fremont, Calif., factory open for production, because it has had “conflicting guidance from different levels of government” over whether it could operate during a shelter in place order in Alameda County, according to an email sent to employees Wednesday by the company’s human resources department. The human resources department… Continue reading Tesla orders factory workers to come to work in spite of shelter in place directive

Honda halts US output as auto factory stoppages widen

NEW YORK — Honda Motor will suspend production at all North American auto assembly plants for six days, starting March 23, in response to the new coronavirus. Engine and transmission production in the U.S., Canada and Mexico will halt for the same period, the Japanese automaker said Wednesday. Honda becomes the first major global car company… Continue reading Honda halts US output as auto factory stoppages widen