- GM suspends dividend, share buybacks as coronavirus hits sales – Reuters: GM suspends dividend, share buybacks as coronavirus hits sales
- Nissan to slash Japan production by 70% in May, 43% in June – documents – Reuters: Japan’s Nissan Motor Co Ltd will slash its domestic auto production plans by 70% in May and 43% in June, documents seen by Reuters show, as the impact of the coronavirus shakes the troubled automaker.
- Mitsubishi forecasts JPY26bn net loss as sales plunge – Just-Auto: Mitsubishi forecasts JPY26bn net loss as sales plunge
- U.S. firm, FAW to build sports cars under Chairman Mao’s favoured brand Hongqi – Reuters: A little-known U.S.-based engineering and design firm said it plans to invest 10 billion yuan ($1.41 billion) to make sports cars with China’s FAW Group under the brand of choice of late revolutionary leader Chairman Mao Zedong, Hongqi.
- VW Revs Up World’s Largest Car Factory Amid EU Political Risk – Bloomberg: VW Revs Up World”s Largest Car Factory Amid EU Political Risk
- SGL Carbon receives BMW battery enclosure contract – Just-Auto: SGL Carbon has been nominated by BMW to produce a cover component for battery enclosures in series.
- Skoda to resume production with protective measures – Just-Auto: Skoda to resume production with protective measures | Automotive Industry News
- Daimler Buses converts Mercedes-Benz Citaro for transporting COVID-19 patients – Just-Auto: Daimler Buses converts Mercedes-Benz Citaro for transporting COVID-19 patients
- FAW Group, Silk EV to co-produce Hongqi sports car – Just-Auto: Chinese state owned automaker FAW Group and automotive engineering company Silk EV last week signed a letter of intent to jointly produce a new Hongqi-branded sports car in China.
- Czech car industry faces shaky relaunch as Skoda returns to work – Reuters: Czech car industry faces shaky relaunch as Skoda returns to work
- Production restarts at VW Wolfsburg plant – Just-Auto: The production of vehicles at VW’s main Wolfsburg plant in Germany has begun today, after weeks of shutdown due to the impact of the COVID-19 crisis.
- Uber offers discounted trips to 2.5 million UK health and care workers – Reuters: Uber is offering discounted journeys to health and care workers in Britain from Wednesday, as it extends the scope of a service set up in Madrid last month to cover more than 4 million frontline workers fighting COVID-19 in over 20 countries.
- Tesla asks employees to resume production at Fremont car plant despite coronavirus health orders – CNBC: Tesla asks employees to resume production at Fremont car plant despite coronavirus health orders CNBC
- Jaguar Land Rover readies 2021 Range Rover amid lockdown delays – Autocar: Mk5 SUV edges closer to production as coronavirus disrupts Defender launch and hits sales
