[blackwasp]

According to a media report, Chinese carmakers have started resuming production at their factories. Some have even reopened their dealerships. The news comes amidst announcements of shut downs in most of the auto manufacturing countries including the ones in North America, Europe, Latin America and Asia.

It has been reported that Honda, Nissan, and Toyota, have resumed operations in China. Toyota is said to have 98% of its dealerships functional as well. Volkswagen has also resumed production at most of its plants in the country, albeit in a single shift operation.

State-owned SAIC Motor is said to have resumed production of MG, Maxus and Volkswagen cars. PSA Group has also resumed operations at its Wuhan facilities. 90 percent of FCA Group dealerships and 95 percent of their staff are back to work.

Among American car brands, Ford has started operations, but is said to be limiting the travel of employees from Wuhan and Hubei regions. Electric carmaker Tesla has also restarted production at its facilities.

Amongst the luxury car brands, BMW, Mercedes-Benz, Jaguar Land Rover and Volvo are said to be resuming operations too. BMW was the first to resume while Mercedes-Benz started production just recently.



Source

Link to the Team-BHP News

[Thilak29]

Any news coming from China at these hours need to be consumed with pound of salt. I will be happy if industry is back on heels but sources outside of China is not indicative of same.

[Zed]

Originally Posted by Thilak29

Any news coming from China at these hours need to be consumed with pound of salt. I will be happy if industry is back on heels but sources outside of China is not indicative of same.

Here's what chairman of the board Herbert Diess at the VW group reported to a news outlet in Germany on Friday.(Source Automotive News Europe)


"We are not making sales or revenues outside of China," Diess said, adding that VW still had to cover a high level of fixed costs of "around 2 billion euros a week."

"We need to rethink production. We do not yet have the discipline that we had in China at our German locations," he said. "Only if we, like China, Korea or other Asian states, get the problem under control then we have a chance to come through the crisis without job losses. It requires a very sharp intervention," Diess said.

Demand in China is picking up again but production is only at half the level prior to the crisis, he said.

While '..at half the level.." might seem paltry - its still much better than a complete standstill. So clearly some semblance of a slow return towards normalcy as far as Auto manufacturing in China is concerned.