- Panasonic sees strong demand from Tesla, in talks to expand Nevada battery plant – Reuters: Panasonic Corp’s finance chief said the company is seeing strong demand for battery cells from U.S. partner Tesla and they are in talks to expand their joint plant in Nevada, which is now profitable.
- Daihatsu cuts production due to parts shortages and low demand – Just-Auto: Daihatsu is to suspend production at some Japanese plants due to a shortage of overseas sourced components and low demand.
- No 2020 PSA/FCA dividend – Just-Auto: PSA and FCA have each decided not to distribute an ordinary dividend in 2020 related to fiscal year 2019, in light of the impact from the current COVID-19 crisis.
- Subaru extends halt to 19 June – Just-Auto: Subaru has extended its production halt in Japan to 19 June citing the global COVID-19 pandemic continuing to impact its supply chain and sales activities around the world.
- Updated: VW Golf deliveries halted due to software problem – Autocar: Volkswagen has confirmed problem with EU-mandated emergency call function. Skoda Octavia also aff…
- Subaru braces for coronavirus impact after full-year profit rises – Reuters: Subaru Corp on Monday posted a 15.7% rise in annual operating profit in the year that ended in March as it recovered from a raft of product recalls last year, but warned that sales of its cars would take a hit from the coronavirus outbreak.
- GM Mexico chief revs up suppliers – Just-Auto: The president of General Motors’ Mexican unit reportedly has advised suppliers to prepare to resume operations after the Mexican government said the automotive industry could exit the coronavirus lockdown before 1 June with adequate safety measures.
- Ford Mustang Mach-E to gain new features with wireless updates – Autocar: Electric SUV will be continuously enhanced after purchase through ‘virtually invisible’ over-the-…
- Tesla to continue expanding recharging network in China – Just-Auto: Tesla said it would continue to expand its electric vehicle recharging network in China by an additional 4,000 supercharging sites by the end of the year, as it looks to strengthen its position in the world’s largest electric vehicle market.
- Facelifted Ssangyong Tivoli gains new 1.2-litre engine for 2020 – Autocar: Korean firm’s updated Vauxhall Mokka rival is available to order now from £13,995 Korean m…
- FCA seeks EUR6.3bn loan guarantee from Rome – Just-Auto: Fiat-Chrysler (FCA) is working with the Italian government to secure an EUR6.3bn state-backed loan guarantee aimed at helping its Italian supply network’s liquidity and supporting the restart of vehicle production at FCA’s Italian manufacturing facilities.
- Strong impetus from Volkswagen to boost sales – Just-Auto: Strong impetus from Volkswagen to boost sales | Automotive Industry News
- Panasonic annual profit slides, but Tesla battery venture logs 2nd quarterly gain – Reuters: Panasonic annual profit slides, but Tesla battery venture logs 2nd quarterly gain
- GM instructs Mexican suppliers to prepare to resume operations – Reuters: The president of General Motors Co’s Mexican unit advised suppliers to prepare to resume operations after the Mexican government said the automotive industry could exit the coronavirus lockdown before June 1 with adequate safety measures.
- 2020 Porsche 911 range opens up with two new Targas – Autocar: New Targa arrives in 380bhp and 444bhp guises to join cabriolet and coupé 911s Porsche is…