- EU regulators to decide on $50 billion Fiat Chrysler, Peugeot deal by June 17 – Reuters: EU antitrust regulators will decide by June 17 whether to clear Fiat Chrysler and Peugeot maker PSA ‘s $50 billion(40.47 billion pounds) merger, according to a European Commission filing on Monday.
- 2 Ford plants in North America missing from list reopening May 18. Here’s why – Freep: 2 Ford plants in North America missing from list reopening May 18. Here’s why
- Ford also shoots for May 18 NA production restart – Just-Auto: Ford says it is planning to resume production and operations in North America beginning May 18, taking a phased approach. General Motors had already said it is planning to restart production in North America on the same date.
- Exclusive: Wuhan, recovering from virus, weighs policies to help hometown automaker Dongfeng – Reuters: China’s Wuhan city is considering steps to support its biggest local automaker Dongfeng Motor Corp, according to a draft policy document reviewed by Reuters, as the epicentre of China’s novel coronavirus outbreak tries to revive its economy.
- Tesla Model 3 sales in China plunge 64% in April despite electric car market recovery – CNBC: Tesla Model 3 sales in China plunge 64% in April despite electric car market recovery CNBC
- Honda resuming North America production – Just-Auto: Honda is gradually resuming car, engine and transmission production at its plants in the US and Canada from today, Monday 11 May.
- AutoNation swings to loss after gloomy March sales – Reuters: AutoNation Inc, the largest U.S. auto dealership chain, swung to a quarterly loss on Monday, following a massive sales slump in March due to the COVID-19 pandemic and nationwide stay-at-home orders.
- German minister: Don’t see coronavirus causing big delays to Tesla plant near Berlin – Reuters: German minister: Don’t see coronavirus causing big delays to Tesla plant near Berlin
- UAW, Ford unveil safety video to calm ‘worried’ workers heading back to factories – Freep: Ford workers will see what to expect when they arrive at a Ford plant, and what it looks like to get in line for temperature checks upon entry.
- Supply Chains Latest: Watch Musk, not Trump, on China. – Bloomberg: Supply Chains Latest: Watch Musk, not Trump, on China.
- BMW Group India resumes local production at plant Chennai – Just-Auto: All other employees will continue to work from home. The plant will resume its operations in a single shift. Depending on the pandemic situation and government advisories, deployment of staff will be adjusted steadily.
- Lotus and Centrica agree ‘EV ownership’ partnership – Just-Auto: Centrica plc, the parent company of energy giant British Gas, and Geely-owned Lotus are working together to develop a new model for electric vehicle ownership that they say ‘fully integrates future mobility and energy’.
- Aston Martin Lagonda puts safety first as staff begin phased return to work at UK manufacturing site – Just-Auto: Aston Martin Lagonda puts safety first as staff begin phased return to work at UK manufacturing site
- Lamborghini launches Huracán EVO RWD Spyder using augmented reality – Just-Auto: Lamborghini launches Huracán EVO RWD Spyder using augmented reality
- Mazda to secure JPY300bn in fresh loans – Just-Auto: Mazda Motor at the weekend approached three leading local banks and other lenders in Japan to secure JPY300bn (US$2.8bn) in fresh loans, as the company struggles under the impact of the COVID-19 coronavirus.
- Hyundai raises KRW600bn from bond issue – Just-Auto: Hyundai Motor said it has issued KRW600bn (US$493m) of new bonds amid strong investor demand, twice the amount originally planned, with the company looking to strengthen its balance sheet as the COVID-19 coronavirus continues to impact its global vehicle sales.
- VW Steps Up Efforts to Lure German Buyers Back to Showrooms – Bloomberg: VW Steps Up Efforts to Lure German Buyers Back to Showrooms
- Nissan’s China sales grew 1.1% in April as market recovered – Reuters: Japanese automaker Nissan Motor said on Monday its April sales in China grew 1.1% from a year earlier to 122,846 vehicles, as the world’s biggest auto market recovered from the coronavirus.
- New Toyota Highlander to come to UK as all-wheel-drive hybrid – Autocar: Toyota Highlander Large SUV to go on sale in Britain for first time with 241bhp petrol-electri…
- Lotus partners with energy firm to ‘redesign” EV ownership – Autocar: Lotus Evija Norfolk marque teams up with British Gas parent company for vehicle-to-grid chargi…
- Pair of electric Renault SUVs due by 2022 – Autocar: Pair of electric Renault SUVs due by 2022
