Automotive Industry

VW faces major problems in flagship ID.3 e-car production – report

Automotive Industry - 2020-03-30

The mass production of VW's flagship e-car model ID...

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PSAs plan for pilot production restart opposed by unions

Automotive Industry - 2020-03-30

PSA Group is taking preparatory steps to reopen its European factories, which were closed in response to the coronavirus outbreaks, but unions said the the plan is premature...

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European sales forecast to plunge amid virus shutdowns

Automotive Industry - 2020-03-30

With factories and dealerships closed by the coronavirus crisis, European auto sales could fall by up to 20% this year, representing millions of vehicles, industry analysts and financial ratings servi...

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Ventilator Challenge UK to start production in Covid-19 fight

Automotive Industry - 2020-03-30

A group of British manufacturers will begin producing medical ventilators for the NHS this week, under the twin codenames Project Oyster and Project Penguin, after the government ordered 10,...

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VW extends production halt in Germany

Automotive Industry - 2020-03-27

Volkswagen Group will extend stops to production in Germany as it deals with fallout from the coronavirus outbreak...

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Renault pauses production in Turkey

Automotive Industry - 2020-03-27

Renault said that it was suspending production in Bursa, Turkey, starting on Thursday 26 March, adding to a global shutdown of its manufacturing operations because of the coronavirus crisis...

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Fiat Chrysler agrees new $3.8bn credit facility with banks

Automotive Industry - 2020-03-27

Fiat Chrysler Automobiles said it has agreed a new credit facility with two banks, at a time when automakers are having to shut down plants, losing revenue as demand slumps in the wake of the coronavi...

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Global vehicle demand forecast 2020-2030: The drastic impact of the coronavirus crisis

Automotive Industry - 2020-03-27

Download the full report and analysis on the devastating impact of the coronavirus crisis on global vehicle demand across major regions...

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VW expects car market to recover in summer

Automotive Industry - 2020-03-26

Volkswagen expects the car market in Germany to recover in the summer after the automaker was forced to suspend output due to the coronavirus pandemic...

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Car dealers turn to online sales and servicing

Automotive Industry - 2020-03-26

Vehicle sales around the world are being badly hit by the coronavirus pandemic, with end-users either prevented from visiting dealerships by closure or quarantine, or at best fearful of doing so...

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Worst crisis ever : Carmakers line up for recovery cash amid calls to go green

Automotive Industry - 2020-03-25

While European carmakers cry for help, environmentalists say public money aimed at helping the automotive industry recover from the COVID-19 crisis must be future-proof and geared towards green techno...

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VW to halt Russia output due to supply shortage from Europe

Automotive Industry - 2020-03-25

Volkswagen Group will suspend its vehicle production in Russia over a supply shortage caused by the coronavirus outbreak in Europe, VW Group Rus said on Tuesday 24 March...

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Aston Martin will shut UK plants after virus hits demand

Automotive Industry - 2020-03-25

Aston Martin said it will suspend production at its UK factories starting Wednesday 25 March to cope with the coronavirus pandemic, which has hurt demand for its cars...

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UK dealers face service centre dilemma after virus lockdown

Automotive Industry - 2020-03-25

UK dealer groups have taken different approaches on whether to keep their service centres open after the British government ordered nonessential businesses to close to prevent the spread of the corona...

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VW CEO warns factory closures may drag on for weeks

Automotive Industry - 2020-03-24

Volkswagen Group CEO Herbert Diess  warned that the coronavirus crisis may force the company to keep its factories shut for longer than initially planned...

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Germany asks automakers to make medical gear to fight virus

Automotive Industry - 2020-03-23

The German government asked domestic automakers to consider producing medical equipment such as masks or ventilators to help fight the rapidly spreading coronavirus...

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Europes dealers fear automakers crisis help may not be enough

Automotive Industry - 2020-03-23

Automakers are working to provide support to independent and manufacturer-owned dealerships as showrooms close all over Europe because of coronavirus restrictions - but some dealers worry that the mea...

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Russian car industry caught between coronavirus and currency fluctuations

Automotive Industry - 2020-03-23

Automotive plants in Russia are reported to be running out of components as supply shortages caused by the coronavirus continue out of China and South Korea, and disruption spreads across Europe...

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Coronavirus: EU auto industry faces unprecedented crisis

Automotive Industry - 2020-03-23

The effect of the coronavirus on society and the global economy is unprecedented, with grave consequences for the automobile industry...

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Ford halts output of Transit vans in Turkey

Automotive Industry - 2020-03-20

Ford is pausing production at its plants in Turkey for two weeks in response to the growing coronavirus epidemic, the company said...

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