Tag Archives: COVID-19 Pandemic

COVID-19 Disrupts the Mobility Industry

“Many cities around the world are currently experiencing lockdowns and ‘shelter at home’ executive orders that have slowed the pace of urban life. Mobility is one of the industries that is being hit directly by the new pandemic in multiple aspects,” Bahrani Fard says. Continue reading

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Jeep Renegade and Compass 4xe Ready for Euro Orders

Marketing has been shifted during the COVID-19 pandemic as is made clear by FCA’s challenges of introducing new Jeep Renegade and Compass models in Europe. Continue reading

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RumbleOn Posts 2019 Loss. Cancels Guidance

Executive summary from AutoInformed: RumbleOn has ambitious plans with more than $840 million in revenue in 2019, but what is arguably a national brand is facing the ongoing contraction (collapse?) of the U.S. economy. Continue reading

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2020 NAIAS Canceled. TCF Center to be Field Hospital. Michigan’s COVID Crisis had Little Federal Help

“With the more than 100 convention centers and facilities around the country being considered to potentially serve as hospitals, it became clear to us that TCF Center would be an inevitable option to serve as a care facility to satisfy our community’s urgent health needs,” said NAIAS Executive Director Rod Alberts.  Continue reading

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Italian Metalworkers Strike to Halt Non-Essential Production

It is  AutoInformed’s view a clear demonstration of strong support for union appeals both in Lombardy and at the national level, demanding the closing of all non-essential production activities. Continue reading

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Mercedes-Benz Offers Medical Component Production

“With our highly competent team and years of experience in 3D printing technology, we are ready to make our contribution to the production of medical devices,” says Jörg Burzer, Member of the Board of Management of Mercedes-Benz AG. Continue reading

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Ventec Life Systems and GM to Mass Produce Ventilators

Under Trump Administration do-nothing policies that refused until this morning to invoke the Defense Production Act (while criticizing GM? Insiders say that GM was waiting for Government Agency approvals). There are now clearly global back-orders of critical care ventilators capable of supporting patients fighting COVID-19. Nonetheless, companies are adding thousands of units of new capacity with a significantly expanded supply chain capable of supporting high volume production. GM is contributing its resources at cost. Continue reading

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FCA Expands Coronavirus Relief – 1 Million Meals for Kids

FCA said publicly yesterday its plants across the U.S. and Canada, as well as headquarters operations and construction projects, are to remain closed only until 14 April, dependent upon the various states’ stay-in-place orders and the readiness of each facility to return to production. (FCA to Restart of North American Operations?) The UAW is apparently not pleased with the decision that threatens the health and safety of its members. (UAW Balks at Reopening Workplaces) Continue reading

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Bosch Develops Quicker Test for COVID-19

The newly developed test, which apparently has not been certified yet by a major health or regulatory organization, will be available in Germany starting in April, with other markets in Europe and elsewhere to follow at an unknown time in the future. Continue reading

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LMC Automotive Now Projects Double the Decline of the Great Recession in Light Vehicle Sales During 2020

LMC currently is forecasting 2020 global Light Vehicle sales to fall below 77 million units, a decline of nearly 14 million units or -15% from the 2019 level. For comparison, global Light Vehicle sales fell 6 million units from 2007-2009 to 64 million units, a two-year decline of 8.7%, or 4.5% CAGR. Continue reading

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Understeer – Indianapolis 500 Pushed Back Until Late August

“I am disappointed that we have had to reschedule the Indianapolis 500,” Roger Penske said. “However, the health and safety of our event participants and spectators is our top priority, and we believe that postponing the event is the responsible decision with the conditions and restrictions we are facing.” Continue reading

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UAW Balks at Reopening Workplaces

“The only guideline in a boardroom should be management asking themselves, “Would I send my family — my own son or daughter — into that plant and be 100% certain they are safe?” – UAW President Rory L. Gamble Continue reading

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COVID-19- Daimler Stops Most Production in Europe

Given the ongoing spread of COVID-19, the economic effects on Daimler cannot be adequately determined or reliably quantified at this time. Continue reading

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Trump Declares COVID-19 National Emergency

This means that he is correcting or allowing to come about what were his previous misstatements this week. Continue reading

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NASCAR Ends Denial of COVID-19 Pandemic

NASCAR has finally decided to postpone the race events at Atlanta Motor Speedway this weekend and Homestead-Miami Speedway next weekend. Continue reading

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