Category: Motorized Vehicle

February 21, 2020

TOKYO — Nissan and Honda delayed on Friday the restart of plants in China near the epicenter of a coronavirus outbreak, complying with authorities’ directives, but raising the risk of further supply disruptions that could hit global car production. Nissan […]

February 20, 2020

TOKYO — Japan’s auto industry and government are setting up a joint council for automakers and suppliers as they face disruption due to the coronavirus outbreak. The group will share information and offer any necessary financing and policy support if […]

February 19, 2020

BANGKOK — General Motors will begin laying off around 1,500 employees in Thailand in June, after announcing the sale of its production facilities in the country, a government official said on Wednesday. GM said on Monday it would sell its […]

February 18, 2020

Volkswagen Group has postponed restarting production of VW and Skoda vehicles built by its highly profitable SAIC-VW Chinese joint venture by a further week. The move is a precautionary measure taken to prevent the further spread of the novel coronavirus. […]

February 18, 2020

Beijing (Reuters) – Tesla (TSLA.O) is in advanced stages of talks to use batteries from CATL (300750.SZ) that contain no cobalt – one of the most expensive metals in electric vehicle (EV) batteries – in cars made at its China […]

February 13, 2020

Tesla shares slid after the electric automaker said it plans a $2 billion common stock offering, just two weeks after CEO Elon Musk said it would not take advantage of its surging stock by raising more capital. Musk himself will […]

February 10, 2020

TOKYO — Nissan will temporarily halt production at its plant in Japan’s southwestern Kyushu due to the coronavirus. In a statement, Nissan, the first automaker to halt production at a plant in Japan because of the outbreak, said that output […]

February 10, 2020

Below are details on carmakers’ plans (in alphabetical order) as compiled by Reuters: BMW’s China venture with Brilliance said on February 5 the Chinese firm planned to restart production on February 17. Daimler said on February 3 it plans to […]

February 7, 2020

DETROIT — The threat from the coronavirus crisis is closing in on the global auto industry, as Fiat Chrysler Automobiles warned Thursday that a European plant could shut down within two to four weeks if Chinese parts suppliers cannot get […]

February 6, 2020

MUNICH (Reuters) – BMW said on Thursday it is increasing production of electric vehicle powertrain components at its plant in Dingolfing, Bavaria, and raising its staff numbers to 1,400 this year, from 600 at present. Responding to tougher emissions rules […]