County officials said that Tesla and California officials have reached an agreement on the safety procedures of the fremont factory, which will officially resume production as early as May 18. Alameda county said on Twitter that after negotiations with Tesla, the county agreed that Tesla could take measures to "prepare to return to work as early as next week". Earlier, Tesla CEO elon musk said that he would restart the factory regardless of the government ban, which was also supported by the US President.
FCA and PSA cancel the dividend distribution plan.
13 In May, FCA and PSA stated in a joint statement that in view of the influence of coronavirus pneumonia-19, both parties decided not to pay the ordinary dividend for 20 19. Regarding the progress of the merger transaction, the boards of directors of both parties said that the preparatory work including anti-monopoly and other regulatory documents was "progressing smoothly" and the merger transaction is expected to be completed by the end of the first quarter of next year.
FCA may issue 654.38 billion euros of bonds.
According to informed sources, FCA may issue new bonds worth 750 million euros (US$ 865,438+04 million) to 65,438 billion euros (US$ 654,380+00 million) before the end of the month to repay the first part of the credit obtained in March. Finally, the company plans to repay all the credit of 3.5 billion euros (3.8 billion US dollars) by issuing bonds. However, the company has not yet decided whether to issue bonds in dollars or euros.
Nissan plans to cut its annual fixed costs by $2.8 billion.
According to Bloomberg's May 13 report, Nissan plans to cut its annual fixed costs by $2.8 billion as part of its restructuring plan. Bloomberg quoted people familiar with the matter as saying that Nissan may cut fixed costs such as marketing and research. However, the company's board of directors has not yet reviewed these plans. Nissan's profits have fallen sharply for three consecutive years and will announce its restructuring plan on May 28th this year.
Aston martin suffered heavy losses in the first quarter.
In the first quarter of this year, due to the coronavirus pneumonia-19 epidemic, Aston Martin's sales volume dropped by nearly one third, resulting in serious losses. According to the performance data released by the company, in the first quarter of this year, the pre-tax loss was 65.438+0.65438+0.9 billion pounds (65.438 +0.46 billion dollars), compared with the loss of 65.438+0.7 billion pounds in the same period last year. The company also said that it can no longer provide annual expectations at present and will continue to evaluate the possibility of financing and refinancing to enhance capital liquidity.
Maruti Suzuki's quarterly profit dropped by 28%.
13 In May, Maruti Suzuki released a financial report saying that the profit in the first quarter of this year fell by 28% year-on-year to1292 million rupees; Operating income decreased by 65,438+05% to 65,438+0,865,438+0.98 billion rupees; Local quarterly sales decreased by 65,438+06% year-on-year to 360,428 vehicles. The company said that there are many uncertainties at present, so many people predict the future profit performance.
Ford resumed engine production in Britain and Spain.
/kloc-In May, 2008, Ford will restart its two engine factories in the UK, which means that all Ford production bases in Europe will be put into operation next week after the suspension of production in novel coronavirus. Ford said that anyone who enters the factory needs to wear a mask provided by the company and take a temperature test. The workspace has been redesigned to ensure social distance.
Toyota PSA joint venture factory stopped production until May 25th.
On May 13, TPCA, a Czech automobile factory jointly invested by Toyota and Peugeot Citroen, said that the shutdown plan caused by the novel coronavirus epidemic would be extended at least until May 25th. Since the shutdown in March, the factory has extended the shutdown time several times, and originally planned to resume production on May 18.
Uber requires drivers and passengers around the world to wear masks.
On May 13, Uber said it would require drivers, couriers and passengers around the world to wear masks. Starting from May 18, the company will require passengers who use its car-hailing service in the United States, Canada, Mexico, Europe and most Latin American and Asian countries to wear some form of masks and sit in the back row. The company will also reduce the number of standard passengers from four to three. Uber will release updates to its driver and passenger applications to inform users of these requirements.
Liinamaa quarterly profit exceeded expectations.
On May 13, Linamar, a Canadian auto parts manufacturer, said that its quarterly profit exceeded expectations and the company's liquidity improved due to its successful capital expenditure reduction. The company said that in the first quarter of this year, its capital asset expenditure decreased by 25% to 90.7 million Canadian dollars (about 64.34 million US dollars), and it saved cash by reducing costs. Liinamaa said that the European business has resumed for one week, and it is expected that the North American business will resume on May 18. Liinamaa predicted that sales and profits would drop sharply by double digits in 2020 due to factory shutdown and declining demand related to the epidemic.
Suppliers are increasingly worried about the recovery process.
A survey initiated by the European Automobile Parts Suppliers Association found that European suppliers are increasingly worried about the impact of coronavirus pneumonia-19 on their business. More than 90% of the companies surveyed expect their income to decline in 2020, while in a survey at the end of March, only 60% of the companies thought so. More than half of the respondents said they expected a pre-tax loss in 2020. The survey found that suppliers are also optimistic about the recovery. 75% of the respondents indicated that it would take more than one year to resume normal business. In the survey in March, everyone thought that the cycle was 6 months to 12 months. Among them, one-third of the respondents said it would take two to three years to recover.
Mexico restarts auto industry.
According to the plan announced on May 3, 65438, Mexico will restart some automobile factories from May 8. The plan relaxed the measures to prevent and control the epidemic, paving the way for American auto giants to rely on parts made in Mexico to increase production. The government said in a briefing that from May 18, the manufacturing of mining, construction and transportation equipment will be regarded as necessary activities, and enterprises must implement strict safety protection measures.
Nearly 600,000 people in the clean energy industry in the United States lost their jobs due to the epidemic.
According to the data released by BW Research Partnership, the clean energy industry in the United States has lost 17% of the labor force, that is, nearly 600,000 jobs. The reason is that the production of parts from solar panels to electric vehicles has stagnated due to "domestic orders", and the installation speed of families and enterprises has slowed down. According to BW Research's latest forecast, by the end of June, the industry will lose 850,000 jobs, accounting for about a quarter of all clean energy jobs.
German automobile incentive policy may be opposed by the public.
A poll shows that the German public may oppose the new car incentive plan planned by the state. When asked whether everyone supports using taxes to subsidize new car consumption, 63% of the respondents expressed opposition to this idea, and only 12% of the respondents agreed; More than one-fifth of the respondents said that if the incentives were only for low-emission vehicles such as electric vehicles, they would agree with the plan.
China's top three standards for electric vehicles were officially released.
12 In May, the "Top Three Standards" organized by the Ministry of Industry and Information Technology was approved and released by the State Administration of Markets and the State Standardization Administration Committee, and will be implemented from May to October/0/0/2002. The standard adds the thermal diffusion test of the battery system, which requires that the battery system will not catch fire or explode within 5 minutes after the thermal runaway of the battery monomer, so as to reserve a safe escape time for the occupants.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.