Automotive Industry

Groupe PSA retailers will be ready to reopen safely

Automotive Industry - 2020-05-18

Groupe PSA retailers will be ready to reopen safely when government lockdown lifts as UK plant gears-up for production...

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Russia spending billions to bolster car market

Automotive Industry - 2020-05-18

The Russian government has said it will spend Rub20bn ($240m) to support vehicle purchases across the country this year...

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Honda plans to restart UK production early next month

Automotive Industry - 2020-05-15

Honda said it plans to resume production in the UK early next month, becoming the latest automaker to restart European operations shuttered amid the global coronavirus pandemic...

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Automotive manufacturing sector ready to ramp up production, as SMMT publishes safe restart guidance

Automotive Industry - 2020-05-15

The UK automotive manufacturing sector today announced its preparedness to get production lines rolling again, with the publication of new sector-specific guidance by the Society of Motor Ma...

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Toyota, PSA extend shutdown at Czech plant

Automotive Industry - 2020-05-14

TPCA, a joint venture of Toyota and PSA Group, has extended the shutdown of its plant in Kolin, Czech Republic, until at least 25 May...

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VW slows Wolfsburg output amid tepid European demand

Automotive Industry - 2020-05-14

Volkswagen Group will reduce output at its factory in Wolfsburg on four days this month as consumer demand for new cars remains weak in Europe...

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Nissan said to plan $2.8bn in cost cuts, scrap Datsun brand

Automotive Industry - 2020-05-13

Nissan is planning to cut about 300bn yen ($2...

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Bentley Motors resumes production

Automotive Industry - 2020-05-12

Bentley Motors resumed production at the company’s headquarters in Crewe, England, with over 1,700 employees following the 250 comprehensive and wide-ranging hygiene and social distancing guidel...

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Tesla's German plant will not face major delays over coronavirus, minister says

Automotive Industry - 2020-05-12

German Economy Minister Peter Altmaier said on Monday 11 May that he did not expect any major delays to the construction of Tesla's factory near Berlin due to the coronavirus pandemic...

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France ready to welcome back car industry in exchange for state aid

Automotive Industry - 2020-05-12

Race for home...

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German econ min says car industry support must keep climate targets in view

Automotive Industry - 2020-05-11

A new cash-for-clunkers programme to support the car industry must take into account Germany's climate targets, according to German economy minister Peter Altmaier...

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Toyota to restart two more European manufacturing plants on 11 May

Automotive Industry - 2020-05-11

Toyota Motor Europe (TME) will gradually resume production at two more manufacturing sites from 11 May following the recent restart of its French and Polish plants...

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Green cash for clunkers deals on the starting grid

Automotive Industry - 2020-05-11

Car renewal schemes aimed at boosting the automotive industry and the wider economy during the virus recovery period are likely to be linked to climate targets, although the actual effectiveness of su...

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Renault suspends production at French plant after a COVID-19 linked court order

Automotive Industry - 2020-05-08

Renault has suspended production at one of its French factories, following a court order criticizing the way the automaker told unions about its increased protective measures put in place to prevent t...

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Kia dealers ready to take remote orders and reopen workshops

Automotive Industry - 2020-05-07

Following the latest government announcement, Kia Motors (UK) Limited has announced that individual Kia dealers are ready to start taking remote orders during lockdown, according to dealership discret...

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VW sees multi-speed virus rebound led by China

Automotive Industry - 2020-05-07

Volkswagen Group said demand in China was starting to rebound, thanks to customers who are switching from public transport to personal vehicles, but warned sales would not recover as quickly in other ...

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BMW delays Hungary plant in savings drive

Automotive Industry - 2020-05-07

BMW will put investments on hold as it seeks to conserve cash to counter a fall in demand caused by the spread of the coronavirus pandemic, Chief Financial Officer Nicolas Peter said...

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German goverment unlikely to meet carmaker demands for coronavirus bailout - report

Automotive Industry - 2020-05-05

Chancellor Angela Merkel is set to discuss the coronavirus crisis with automotive industry executives in a conference call on Tuesday 5 May, with carmakers calling for a stimulus package as well as a ...

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Mercedes-Benz car plants successfully restart production

Automotive Industry - 2020-05-05

After a phase of suspension of production and short-time work caused by the Covid-19- pandemic, the Mercedes-Benz car plants in Untertürkheim, Berlin, Hamburg, Sindelfingen and Bremen have succes...

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German government signals no rush on scrapping program

Automotive Industry - 2020-05-05

Germany needs several more weeks to decide on a scrapping program to counter a slump in car sales, Finance Minister Olaf Scholz said...

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