- Toyota Japan production cut further – Just-Auto: Amid some good restart news, automaker production cuts keep on coming.
- Renault and Hyundai warn of coronavirus hit after profits fall – Nikkei: Renault and Hyundai warn of coronavirus hit after profits fall
- LEVC: Black cab maker halts supplier payments – Autocar: Coventry-based taxi and van maker invokes ‘force majeure’ clause on supplier contracts amid shutd…
- Daimler’s earnings plunge as coronavirus hammers sales – Reuters: German car and truck maker Daimler reported a plunge of nearly 70% in first-quarter operating profit on Thursday due to the coronavirus pandemic and warned that the cash flow it uses to pay dividends would fall this year.
- BYD and Hino sign CV EV alliance – Just-Auto: BYD and Hino Motors have signed an alliance agreement covering commercial battery electric vehicle (BEV) development.
- China’s BYD, Toyota’s Hino partner in electric commercial vehicles – Reuters: China’s BYD, Toyota’s Hino partner in electric commercial vehicles
- Japanese governor pledges support for Toyota suppliers as production dips – Reuters: As Toyota prepares to nearly halve production at Japanese factories, a regional governor said on Thursday he would offer 400 billion yen ($3.72 billion) in emergency loans for small and mid-size companies including Toyota’s suppliers.
- Fiat Chrysler to restart van production at Atessa plant at 70% normal rate: union – Reuters: Fiat Chrysler to restart van production at Atessa plant at 70% normal rate: union
- Ford Mustang Cobra Jet is 1400bhp electric drag racer – Autocar: One-off racer is designed to showcase Ford’s EV performance potential; will cover quarter-mile in…
- New Koenigsegg Raw concept imagines entry-level supercar – Autocar: Striking concept uses carbonfibre underpinnings and ‘free valve’ engine for a one-to-one power-to…
- Automakers to suspend production in Japan – Just-Auto: Honda Motor announced it would halt production at two vehicle assembly plants in Japan next week due supply chain disruption caused by the COVID19 coronavirus pandemic, according to local reports.
- Hyundai sees limited China recovery and dismal virus-hit sales elsewhere this year – Reuters: Hyundai sees limited China recovery and dismal virus-hit sales elsewhere this year
- Volkswagen making masks in China for its staff at European plants – Reuters: Volkswagen making masks in China for its staff at European plants
- New Toyota Yaris Cross SUV revealed as Nissan Juke rival – Autocar: Hybrid model offers all-wheel-drive, aims to blend Toyota’s small car and SUV heritage Toyota h…
- Britain’s Aston Martin plans to restart St Athan factory next month – Reuters: Britain’s Aston Martin plans to restart St Athan factory next month
- Renault Says Sales Drop 19% – Bloomberg: Renault Says Sales Drop 19%
- Truck maker Volvo first-quarter profit falls less than expected – Reuters: Swedish truck maker AB Volvo reported a smaller-than-expected fall in first-quarter operating earnings on Thursday but warned its net order intake of trucks had been negative since the end of March as customers canceled planned purchases due to the pandemic.
- Zoom Backlash Widens With Daimler, Ericsson and BofA Curbs – Bloomberg: Zoom Backlash Widens With Daimler, Ericsson and BofA Curbs
- VW Restarts Electric-Car Output Ahead of European Rollout – Bloomberg: VW Restarts Electric-Car Output Ahead of European Rollout
- Kia Motors to halt operations at two domestic factories on some days in Apr, May – union – Reuters: South Korean automaker Kia Motors plans to suspend operations at two of its domestic factories from April 27 to May 10 and again between May 22 to 25, a union official said on Thursday.
- Nissan, partners to draft deeper alliance in May -Yomiuri – Reuters: Nissan, partners to draft deeper alliance in May -Yomiuri