@Nissan: Regarding COVID-19 infection at Nissan headquarters

2020/04/05 YOKOHAMA, Japan – An employee working at Nissan Motor Co., Ltd.’s global headquarters in Yokohama tested positive on April 4 for the COVID-19 coronavirus. The employee started to show symptoms of COVID-19 on March 23. The employee took the polymerase chain reaction (PCR) test on April 3 and was diagnosed as positive on the… Continue reading @Nissan: Regarding COVID-19 infection at Nissan headquarters

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

Autoliv Taps Brakes on Dividend Payout, Withdraws ’20 View

Autoliv, Inc. ALV recently canceled its quarterly dividend scheduled for Jun 4 and suspended future dividends until further notice. It also withdrew the 2020 guidance to preserve cash as vehicle sales drop on the coronavirus outbreak. The company also drew the remaining $600 million from its revolving credit facility of $1 billion. Notably, it had… Continue reading Autoliv Taps Brakes on Dividend Payout, Withdraws ’20 View

Nissan to furlough staff and suspend production for whole of April – Chronicle Live

Car giant Nissan is to suspend production at its Sunderland plant for the rest of April and put most of its staff on furlough as the coronavirus lockdown continues. The company – which employs more than 6,000 people at Sunderland and supports thousands more in the regional supply chain – had initially suspended production on… Continue reading Nissan to furlough staff and suspend production for whole of April – Chronicle Live

Commercial Fleet Sales Drop in March

Commercial car sales were down 47.3% year-over-year during March at 4,962 units, while truck and SUV segment vehicle sales were down 13.7% at 60,173, according to Automotive Fleet data. Photos courtesy of Ford, GM, FCA, and Nissan.  Commercial fleet sales from nine manufacturers totaled 65,135 in March 2020, representing an 17.7% year-over-year decrease. Total fleet… Continue reading Commercial Fleet Sales Drop in March

@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

Carmaker Renault: all plants closed apart from in China and South Korea

FILE PHOTO: Employees work at Renault’s assembly plant in Wuhan, Hubei province, China, February 1, 2016. Renault plans to put China at the centre of its strategic plan for 2017-2022, Chief Executive Carlos Ghosn said on Monday at the inauguration of the firm’s first assembly plant in Wuhan, central China. REUTERS/Darley Shen PARIS (Reuters) –… Continue reading Carmaker Renault: all plants closed apart from in China and South Korea

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