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

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

Nissan to end car manufacturing at Indonesia plant to curb costs

Nissan Motor will end vehicle manufacturing at its plant in Indonesia in order to rightsize and move toward improved profitability.A plan to revamp the business is due in May, and the future of the Indonesia operations had long been in question.Mitsubishi Motors, which is in a global carmaking alliance with Nissan, already has a strong presence in Southeast Asia.

Nissan to stop producing cars in Indonesia as part of reorganisation plan

FILE PHOTO: Nissan Motor chief executive Makoto Uchida speaks during a news conference at Nissan Motor headquarters in Yokohama, Japan, December 2, 2019. REUTERS/Kim Kyung-Hoon/File Photo TOKYO (Reuters) – Nissan Motor Co (7201.T) on Wednesday said it would stop producing vehicles in Indonesia, consolidating its global production in the face of falling sales which has… Continue reading Nissan to stop producing cars in Indonesia as part of reorganisation plan

Coronavirus places Renault back to wall

Crisis caused by coronavirus is a severe shock to the global automotive industry. For Renault, it falls at the worst time. Investors have expressed it in their own way, plunging the share price in recent weeks, with a decline of 64% since the start of the year, including -23% last week. At midday on Tuesday,… Continue reading Coronavirus places Renault back to wall

Nissan suspends Sunderland production as virus takes toll on demand – Sky News

Nissan has announced that production at its Sunderland plant has been suspended as the coronavirus crisis deepens. It made the revelation just a day after Vauxhall’s parent firm said it was to temporarily shut down output at its Ellesmere Port and Luton plants. Nissan, which employs around 7,000 workers at the Wearside plant, said other… Continue reading Nissan suspends Sunderland production as virus takes toll on demand – Sky News

@Nissan: Update on operations at Nissan Sunderland Plant

2020/03/17 Nissan today announced measures in its UK manufacturing operations in response to the Coronavirus pandemic. 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 can… Continue reading @Nissan: Update on operations at Nissan Sunderland Plant

Nissan shuts Sunderland factory as coronavirus disrupts industry

Nissan Carmakers including Ford and VW cite global economic turmoil as production is suspended at European plants Coronavirus – latest updates See all our coronavirus coverage Work at Nissan’s Sunderland facility will cease. Photograph: Owen Humphreys/PA Nissan has shuttered its Sunderland factory, Britain’s biggest car plant, joining a number of automotive firms and aerospace giant… Continue reading Nissan shuts Sunderland factory as coronavirus disrupts industry