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    COVID-19 pandemic: Akebono Brake declares additional company holidays in Japan
    Japanese manufacturer of braking systems and components, Akebono Brake Industry Co. Ltd., has announced that it has taken the decision to grant additional company holidays for employees from nonmanufacturing departments at its facilities located in Japan. According to a press release from Akebono Br...
    09-Apr-2020 News COVID-19
    COVID-19 pandemic: Michelin, CEA, other industrial partners collaborate to produce reusable face mask in France
    Michelin has joined forces with The French Alternative Energies and Atomic Energy Commission (CEA) and other industrial partners to help in the production of reusable face masks in France to fight the ongoing coronavirus disease 2019 (COVID-19) pandemic, Michelin announced in a press release on 8 Ap...
    09-Apr-2020 News COVID-19
    COVID-19 pandemic: Tire maker ZC Rubber resumes full production in Thailand and China
    Tire manufacturer Zhongce Rubber Group Co. Ltd. (ZC Rubber) has announced that it has reopened its factories in Thailand and mainland China and resumed manufacturing operations. According to a press statement issued by ZC Rubber on 8 April, the company has stated that production has returned to full...
    09-Apr-2020 News COVID-19
    COVID-19 pandemic: Nokian Tyres extends temporary closure of US plant until 26 April
    Finnish tire maker Nokian Tyres has announced that it will be extending the temporary closure of its Dayton factory in the United States due to the ongoing coronavirus disease 2019 (COVID-19) pandemic, according to a company press release on 8 April. The company informed that its US factory will now...
    09-Apr-2020 News COVID-19
    LANXESS develops all-plastic brake pedal for electric sports car
    LANXESS’ High Performance Materials (HPM) business unit, in partnership with BOGE Elastmetall, has developed what it claims to be the first all-plastic brake pedal for a mass-production battery-electric sports car, LANXESS said in a press release on 7 April. BOGE Elastmetall is a global provide...
    08-Apr-2020 News New Products
    Freudenberg FY 2019 sales climbs 1.6% y/y in mainland China, local investments rise by 83%
    Germany-based automotive components and technology firm, Freudenberg, has announced its financial results for the fiscal year 2019. According to a press release issued by Freudenberg on 8 April, the company has stated that it registered sales of EUR9.47 billion (approximately USD10.37 billion) durin...
    COVID-19 pandemic: Lear publishes ‘Safe Work Playbook’ to address challenges related to resuming operations
    Lear has published ‘Safe Work Playbook’, an interactive guide on steps and best practices for health and safety procedures, cross-functional teamwork, operating disciplines, and training for employees in response to the coronavirus disease 2019 (COVID-19) pandemic, the company said in a press re...
    07-Apr-2020 News COVID-19
    COVID-19 pandemic: IAC, Mann+Hummel, ZF announce layoffs in US
    The extended production suspensions by most of automakers in the United States amid the coronavirus disease 2019 (COVID-19) pandemic has severely affected their supplier base. Several tier-1 suppliers in the largest automotive market in North America have announced temporary stoppage of manufacturin...
    07-Apr-2020 News COVID-19
    COVID-19 pandemic: Benteler produces holders for face masks on 3D printers at Spanish plant
    Benteler has announced that it will be producing holders for face masks on 3D printers, a company press release on 6 April read. The holders are used to produce masks and will be donated to the Galician health service in Spain due to the coronavirus disease 2019 (COVID-19) pandemic. Significance:...
    07-Apr-2020 News COVID-19
    AutoTechInsight Weekly – 6 April 2020
    Click the link above to download this week's issue
    COVID-19 pandemic: Cooper Tire extends plant closures in the Americas
    American tire maker Cooper Tire & Rubber Company has announced that it will be extending the planned shutdowns of its production facilities throughout the Americas, in response to falling demand due to the coronavirus disease 2019 (COVID-19) pandemic. According to a press release issued by th...
    06-Apr-2020 News COVID-19
    COVID-19 pandemic: Michelin partially resumes production in France
    French tire maker Michelin has partially restarted production activities in France, according to a report filed by news publication Franceinfo on 4 April. The company has restarted production at three sites located in Troyes (Aube), Puy-en-Velay (Haute-Loire) and Clermont-Ferrand (Puy-de-Dôme). Acc...
    06-Apr-2020 News COVID-19
    COVID-19 pandemic: Nokian Tyres’ Russian factory set to resume production on 6 April
    Nokian Tyres is resuming operations at its Russian factory in Vsevolozhsk on 6 April, as previously planned, the tire maker announced in a press release on 4 April. “The restrictions adopted by the President Decree dated 2 Apr 2020, extending the "nonworking regime' until the end of April, do n...
    06-Apr-2020 News COVID-19
    COVID-19 pandemic: SMMT urges UK government to introduce measures to support automotive suppliers
    The Society of Motor Manufacturers (SMMT) has requested that the UK government immediately introduce measures to supports auto parts suppliers whose business have been severely hit due to comprehensive production suspensions at their customers amid the coronavirus disease 2019 (COVID-19) pandemic, R...
    06-Apr-2020 News COVID-19
    COVID-19 pandemic: Yokohama suspends production at US plant for a fortnight
    Yokohama Tire Corp. has suspended production at its passenger and light truck tire plant in Salem city in the US state Virginia for at least two weeks beginning 5 April in response to the rapid spread of the coronavirus disease 2019 (COVID-19) pandemic, according to a report by Tire Business on 3 Ap...
    06-Apr-2020 News COVID-19
    COVID-19 pandemic: Varroc extends temporary closure of all Indian factories until 14 April
    Varroc Engineering Limited has stated that it will extend the temporary closures of its production facilities in India until 14 April, according to a notice sent by the company to the Bombay Stock Exchange on 1 April. The shutdown is being extended due to the lockdown imposed by the government of In...
    06-Apr-2020 News COVID-19
    COVID-19 pandemic: Tenneco withdraws FY 2020 outlook, cuts production globally
    Tenneco has decided to withdraw its first quarter and full year financial guidance issued in March due to the uncertainty driven by the unpredictability of the COVID-19 pandemic and associated negative impact on demand, according to a company press release on 3 April. Additionally, the compa...
    06-Apr-2020 News COVID-19
    COVID-19 pandemic: Marelli extends European shutdown until 13 April
    Marelli has extended temporary suspension of production activities at majority of its plants in Europe until 13 April due to the coronavirus disease 2019 (COVID-19) pandemic, the company said in a press release sent to IHS Markit on 3 April. According to the company, the extension is applicable to i...
    06-Apr-2020 News COVID-19
    COVID-19 pandemic: Automotive Supplier Plant Downtime Tracker (updated on 6 April)
    Click the link above to download 'COVID-19 pandemic: Automotive Supplier Plant Downtime Tracker'
    06-Apr-2020 Insights COVID-19
    COVID-19 pandemic: Pirelli takes steps to mitigate economic impact
    Italian tire manufacturer Pirelli has taken a slew of measures in an attempt to mitigate the economic impact caused to the company due to the ongoing coronavirus disease 2019 (COVID-19) pandemic. According to a press statement released by Pirelli on 3 April, the steps include a reduction in compensa...
    06-Apr-2020 News COVID-19
    COVID-19 pandemic: Goodyear extends plant closures in the Americas indefinitely
    American multinational tire manufacturer Goodyear Tire and Rubber Company has announced that it will be extending the planned shutdowns of its production facilities in the Americas, owing to the ongoing coronavirus disease 2019 (COVID-19) pandemic that is spreading aggressively in the region. Acc...
    06-Apr-2020 News COVID-19
    COVID-19 pandemic: Kongsberg to raise EUR100 million to meet liquidity needs
    Kongsberg has announced that it intends to raise around EUR100 million through a mixture of convertible bonds and shares in order to meet its liquidity needs, the company said in a press release on 3 April. It will also increase its credit facility of EUR20 million. The liquidity need...
    03-Apr-2020 News COVID-19
    COVID-19 pandemic: ABC Technologies lays off 680 employees at US plant
    ABC Technologies has laid off 680 people at its Gallatin plant in the United States, Nashville Post reported on 2 April. The layoff is due to the impact of the coronavirus disease 2019 (COVID-19) pandemic. Nashville Post added that ABC officials could not be reached for comment on the issue. Sign...
    03-Apr-2020 News COVID-19
    COVID-19 pandemic: Goodyear suspends operations in Americas until further notice
    American multinational tire maker Goodyear Tire & Rubber Company has announced that it has put all of its manufacturing operations in the American region on hold due to the ongoing coronavirus disease 2019 (COVID-19) pandemic. According to the company, this suspension on production will last unt...
    03-Apr-2020 News COVID-19
    Toyo Tire and JAOS enter strategic partnership
    Toyo Tire Corporation has signed a strategic partnership agreement with JAOS Corporation, the Japanese tire-maker announced in a press release on 2 April 2020. The two companies have signed a partnership agreement for building a mutually complementary relationship of their strengths, and furthe...
    COVID-19 pandemic: Superior Industries suspends production at all manufacturing facilities
    Superior Industries is suspending production at all its manufacturing facilities due to the impact of the coronavirus disease 2019 (COVID-19) pandemic, according to a company press release on 2 April. The company said, “there is not clear visibility as to the length of the temporary shutdowns.” ...
    03-Apr-2020 News COVID-19
    COVID-19 pandemic: Apollo Tyres extends plant shutdowns in India until 14 April; closes plant in Hungary
    Indian tire maker Apollo Tyres has stated that it will be extending the temporary closures of its production facilities in India until 14 April, according to a notice sent by the company to the Bombay Stock Exchange on 1 April. The shutdown of its plants is being extended due to the lockdown impo...
    03-Apr-2020 News COVID-19
    COVID-19 pandemic: ZF suspends operations at Marysville plant in US
    German auto components manufacturer ZF has put manufacturing operations on hold and laid off 800 of its employees at its production facility situated in Marysville, Michigan, United States, owing to the widespread coronavirus disease 2019 (COVID-19) pandemic. According to a report filed by news publ...
    03-Apr-2020 News COVID-19
    COVID-19 pandemic: Nexteer produces protective masks and face shield headbands
    Nexteer Automotive has announced that it will be using its 3D printers in Michigan, United States, and Tychy, Poland, to make plastic protective masks and face shield headbands to help medical professionals fight the coronavirus disease 2019 (COVID-19) pandemic. In a press release dated 1 Ap...
    02-Apr-2020 News COVID-19
    COVID-19 pandemic: Giti Tire to halt production at US plant for two weeks
    Giti Tire (USA) Ltd. is suspending production for two weeks at its plant in Richburg, South Carolina due to the  impact of the coronavirus disease 2019 (COVID-19) pandemic. The suspension will start 5 April and will go on for two weeks, according to a report by Tire Business on 1...
    02-Apr-2020 News COVID-19
    Continental to close Palmela brake shoe plant in Portugal in 2021
    Continental will end production at its automotive plant in Palmela, Portugal by the end of 2021, according to a company press release on 17 March. Continental has been manufacturing front brake shoes at the factory for 25 years. The closure will affect approximately 370 employees. Continental will o...
    COVID-19 pandemic: Continental withdraws financial guidance for fiscal year 2020
    German auto component supplier Continental has withdrawn its financial guidance for fiscal year 2020 due to coronavirus disease 2019 (COVID-19) pandemic, the company announced in a press release on 1 April. Continental expects an impact of restrictions caused by the COVID-19 pandemic and the related...
    01-Apr-2020 News COVID-19
    Brembo acquires 2.43% stake in Pirelli
    Italian manufacturer of braking systems, Brembo, has bought a minor stake in tire maker Pirelli. According to a report filed by news agency Reuters on 31 March, the company has purchased a long-term stake in Pirelli that amounts to 2.43%. The stake, which was reportedly purchased autonomously, will ...
    01-Apr-2020 News Investments
    COVID-19 pandemic: Pirelli extends plant closure in Romania
    Pirelli Tyres Romania, a subsidiary of Italy's Pirelli Group, has extended production suspension at its plant in Slatina without stating a possible date, according to a report by SeeNews on 31 March. The company has now decided not to reopen its plant on 1 April as previously planned. "As a resul...
    01-Apr-2020 News COVID-19
    COVID-19 pandemic: Goodyear suspends production at Napanee plant in Canada
    The Goodyear Tire & Rubber Company is suspending production at its Napanee tire plant in Canada until at least 3 April to prevent the spread of the coronavirus disease 2019 (COVID-19) pandemic, according to a report by Belleville Intelligencer on 19 March. The Napanee plant makes tires for cars ...
    01-Apr-2020 News COVID-19
    COVID-19 pandemic: ZF, Mahle implement collective holidays at plants in Brazil
    ZF has decided to put all of its 5,000 workers in Brazil on collective holidays, starting from 1 April until 12 April to prevent spread of the coronavirus disease 2019 (COVID-19) pandemic in the country, M-Brain reported. The German supplier has been gradually reducing some activities in Brazil...
    01-Apr-2020 News COVID-19
    COVID-19 pandemic: Air Liquide, PSA, Schneider Electric, Valeo set up task force for production of respirators
    Respirator maker Air Liquids has teamed up with auto parts manufacturer Valeo, automaker PSA, and electrical equipment company Schneider Electric, to produce some 10,000 respirators in 50 days, between the beginning of April and mid-May, to help coronavirus disease 2019 (COVID-19) patients, Val...
    01-Apr-2020 News COVID-19
    COVID-19 pandemic: Toyo Tire shutters Georgia, US, plant till 19 April
    In light of the coronavirus disease 2019 (COVID-19) pandemic, Toyo Tire Holdings of Americas Inc. has announced a temporary closure of its manufacturing facility located at White, GA, United States. The company expects the plant to remain shut until 19 April. The company has also reiterated that ...
    31-Mar-2020 News COVID-19
    Kumho Tire supplies OE tire for BMW X3
    Kumho Tire is supplying its Crugen HP91 as original equipment (OE) fitment for the new BMW X3, according to a report by Tyre Press on 18 March. The South Korean tire manufacturer is supplying the Crugen HP91 ultra-high performance tire in a 245/50R19 105W fitment for BMW's latest-generation X3 manuf...
    COVID-19 pandemic: Michelin to prepone Dundee tire plant closure in Scotland
    Michelin's passenger car tire plant in Dundee, Scotland, which was targeted for closure by June 2020, will be closed permanently due to the coronavirus disease 2019 (COVID-19) pandemic, according to a report by European Rubber Journal on 30 March. The French tire-maker will not restart manufacturing...
    31-Mar-2020 News COVID-19
    COVID-19 pandemic: Indian automotive suppliers’ association ACMA seeks government relief
    The Automotive Component Manufacturers’ Association of India (ACMA) has sought relief measures for the local auto component industry to withstand the impact of the coronavirus disease 2019 (COVID-19), the association said in a press release on 27 March. According to the association, which has...
    30-Mar-2020 News COVID-19
    AutoTechInsight Weekly – 30 March 2020
    Click the link above to download this week's issue
    COVID-19 pandemic: Rico Auto, Hi-Tech Gears, Sandhar, Exide Industries closes production at Indian facilities
    Several automotive suppliers in India have announced suspension of manufacturing operations at their production facilities to prevent the spread of the coronavirus disease 2019 (COVID-19) pandemic. In a regulatory filing, Sandhar Technologies has announced suspension of manufacturing operations at i...
    30-Mar-2020 News COVID-19
    COVID-19 pandemic: Magna, Linamar, Martinrea join forces to build ventilators in Canada
    Canadian auto parts suppliers Magna, Linamar, and Martinrea, alongside the Automotive Parts Manufacturers Association (APMA) and the province of Ontario have joined forces to build ventilators to treat the coronavirus disease 2019 (COVID-19) pandemic in Canada, according to a press release on 27 Mar...
    30-Mar-2020 News COVID-19
    Nexteer 2019 sales drops 19% y/y to USD3.58 billion
    Nexteer Automotive has reported its annual results for the fiscal year ended 31 December 2019.  According to a company press release on 29 March, revenues in 2019 declined 8.6% year on year (y/) to USD3.58 billion. Net profit also fell by 38.7% y/y to USD232.4 million, largely reflecting the im...
    COVID-19 pandemic: Brembo to extend plant shutdown in Italy till 3 April
    Brakes-supplier Brembo has announced a further extension of production suspension of its Italian operations in Stezzano, Curno, Mapello, and Sellero until 3 April due to the emergency situation in Lombardy caused by the coronavirus disease 2019 (COVID-19) pandemic and the extraordinary measures take...
    30-Mar-2020 News COVID-19
    COVID-19 pandemic: Nokian Tyres halts manufacturing at all plants
    Finnish automotive tire-maker Nokian Tyres has announced that it will cease production of operations at all of its facilities owing to the coronavirus disease 2019 (COVID-19) pandemic. According to a press statement issued by the company on 27 March, Nokian Tyres has declared that its facilities loc...
    30-Mar-2020 News COVID-19
    COVID-19 pandemic: Kumho Tire USA to close Georgia plant until 8 April
    South Korea-based tire manufacturer Kumho Tire has announced that its American division, Kumho Tire USA, has made the decision to close its production facility located at Macon, Georgia, US, on a temporary basis. Due to the effects of the widespread coronavirus disease 2019 (COVID-19) pandemic, t...
    30-Mar-2020 News COVID-19
    COVID-19 pandemic: WABCO India suspends all operations till 14 April
    According to a notice provided by auto components manufacturer WABCO to the Bombay Stock Exchange on 26 March, the company has declared that the operations at all plants and offices of WABCO India Ltd. will be put on hold until 14 April. This shutdown was initiated due to the lockdown imposed by the...
    30-Mar-2020 News COVID-19
    COVID-19 Pandemic Impact on Automotive Suppliers - IHS Markit Survey
    Click the link above to download the survey report.
    29-Mar-2020 Insights COVID-19
    COVID-19 pandemic: Nokian Tyres suspend production at US and Russian plants
    Nokian Tyres has announced that it will temporarily suspend production at its Dayton factory in the US and its factory in Russia due to coronavirus disease 2019 (COVID-19) pandemic, the company announced in a press release on 26 March. The Dayton factory closure is effective from 27 March,...
    27-Mar-2020 News COVID-19
    COVID-19 pandemic: Magna withdraws outlook for FY 2020, provides update on plant operation
    Canadian automotive technology firm Magna has announced that it has withdrawn its outlook for the fiscal year 2020 in light of the uncertainties posed by the widespread coronavirus disease 2019 (COVID-19) pandemic. According to a press release issued by Magna dated 26 March, the company stated th...
    27-Mar-2020 News COVID-19
    COVID-19 pandemic: Boysen halts production at German plants until 19 April
    Automotive exhaust system supplier Boysen has reported that it has closed down several of its sites located across Germany, owing to the ongoing coronavirus disease 2019 (COVID-19) pandemic. The company has temporarily shut down operations at all of its plants located in Germany, which include produ...
    27-Mar-2020 News COVID-19
    COVID-19 pandemic: Marelli to extend temporary plant closures in Europe until 3 April
    Marelli has extended the suspension of production activities in the majority of its European plants for next week, until 3 April, to prevent the spread of the coronavirus disease 2019 (COVID-19) pandemic, the company announced in a press release on 26 March. “This measure is related to all Europea...
    27-Mar-2020 News COVID-19
    COVID-19 pandemic: Hankook to halt production at US facility on 30 March
    South Korea based automotive tire supplier, Hankook Tire, has announced that it will be closing down its manufacturing facility in North America on a temporary basis from 30 March onwards, owing to the ongoing coronavirus disease 2019 (COVID-19) pandemic. The shutdown, which will affect Tennessee...
    27-Mar-2020 News COVID-19
    COVID-19 pandemic: Schaeffler Group suspends guidance for financial year 2020
    Schaeffler Group has suspended its guidance for the financial year 2020 due to the coronavirus disease 2019 (COVID-19) pandemic, the company announced in a press release on 24 March. Schaeffler said that a package of measures is being implemented to manage the crisis and a new guidance is expec...
    26-Mar-2020 News COVID-19
    ZF 2019 sales drop marginally y/y to USD40.9 billion
    ZF’s sales declined 1% year-over-year (y/y) to EUR36.5 billion (USD40.9 billion) in the financial year ended 31 December 2019, the automotive supplier said in an annual press conference in Friedrichshafen, Germany, on 26 March. Adjusted for currency and merger and acquisition (M&A) effects, sa...
    Tire pressure monitoring systems to become an increasingly prevalent feature in automobiles
    Safety has become an incredibly important priority for today’s automotive manufacturers. Vehicles are becoming increasingly powerful and more complex, and when that is coupled with improving road infrastructure in many parts of the world and a steadily rising density of automobiles, it has the pot...
    COVID-19 pandemic: Hankook to suspend production in US, Hungary for two weeks
    South Korean tire-maker Hankook is suspending manufacturing at two of its plants in the US and Hungary due to the coronavirus disease 2019 (COVID-19) pandemic, according to a report by Tire Business on 25 March. The company decided to close its Clarksville, Tennessee plant in the US and Racalmas pla...
    26-Mar-2020 News COVID-19
    COVID-19 pandemic: AAM withdraws FY 2020 outlook, provides updates on liquidity
    US-based auto components supplier American Axle & Manufacturing Holdings, Inc. has announced that it has withdrawn its financial outlook for the fiscal year 2020 period due to the uncertainties posed by the ongoing coronavirus disease 2019 (COVID-19) pandemic. According to a press statement i...
    26-Mar-2020 News COVID-19
    COVID-19 pandemic: MRF shuts down all tire production plants in India
    Indian tire manufacturer MRF Ltd. has announced that it has ceased all its operations in India. According to a notice filed by the company to the National Stock Exchange of India and the Bombay Stock Exchange, MRF has stated that the operations of the company’s head office, its sales offices and a...
    26-Mar-2020 News COVID-19
    COVID-19 pandemic: Mahindra CIE, Sundaram Clayton suspend operations in India
    Indian automotive components supplier Mahindra CIE and Sundaram Clayton have announced operation suspensions in the country due to the coronavirus disease 2019 (COVID-19) pandemic.   Mahindra CIE and units including Aurangabad Electricals has suspended operations at all the manufacturing uni...
    25-Mar-2020 News COVID-19
    COVID-19 pandemic: Apollo Tyres, CEAT suspend production in India
    Several automotive suppliers in India have announced the suspension of manufacturing operations at their production facilities to prevent the spread of the coronavirus disease 2019 (COVID-19) pandemic. Indian tire-makers Apollo Tyres and CEAT have announced their temporary production suspension...
    25-Mar-2020 News COVID-19
    ZF, WABCO expect to complete merger in Q2 2020
    According to a press release issued on 24 March, American auto parts maker WABCO and German auto components supplier ZF Friedrichshafen have stated that both companies have received all the requisite approvals from relevant regulatory authorities, with the exception of the Chinese State Administrati...
    COVID-19 pandemic: Plastic Omnium to gradually suspend production in Europe, Americas
    Plastic Omnium is suspending production in Europe and the Americas in response to the coronavirus disease 2019 (COVID-19) pandemic, the company announced in a press release on 24 March. The company’s European plants have been gradually shut down since mid-March, based on its automotive customers...
    25-Mar-2020 News COVID-19
    COVID-19 pandemic: Dana withdraws FY 2020 financial outlook
    Dana has decided to withdraw its full-year financial guidance in the wake of the coronavirus disease 2019 (COVID-19) pandemic, the US-based automotive supplier said in a press release on 23 March. The company said its first quarter financial results will be impacted primarily by the changes in custo...
    24-Mar-2020 News COVID-19
    COVID-19 pandemic: Automotive suppliers in India suspend manufacturing operations
    Several automotive suppliers in India have announced suspension of manufacturing operations at their production facilities to prevent spread of coronavirus disease 2019 (COVID-19) pandemic, Mint reported on 23 March. In a regulatory filing, Minda Corporation said that it is suspending manufacturing ...
    24-Mar-2020 News COVID-19
    COVID-19 pandemic: Cooper Tire halts production in UK and Serbia
    American tire-maker Cooper Tire & Rubber Company has announced that it will be shutting down its manufacturing sites in Europe due to the coronavirus disease 2019 (COVID-19) pandemic. According to a press release issued by Cooper Tire on 23 March, the company has stated that it will be temporari...
    24-Mar-2020 News COVID-19
    COVID-19 pandemic: Apollo Tyres to reduce production in Europe
    Indian tire manufacturer Apollo Tyres has announced that it will be scaling back its production operations at its European facilities owing to the coronavirus disease 2019 (COVID-19) pandemic. According to a press statement issued on 23 March, the company will be cutting production at its manufactur...
    24-Mar-2020 News COVID-19
    Toyoda Gosei appoints new chairman, president
    Toyoda Gosei Co., Ltd. has appointed Naoki Miyazaki as the new chairman of the company and Toru Koyama as the new president, according to a company press release on 23 March. Miyazaki is currently serving as president, while Koyama is currently serving as executive vice president. The company said t...
    COVID-19 pandemic: Nokian Tyres to adjust production in Russia, halts construction of new testing center in Spain
    Nokian Tyres has informed that the company is adjusting production in Russia amid the rapid spread of the coronavirus disease 2019 (COVID-19) pandemic, the company announced in a press release on 23 March. In Russia, the company is adjusting its production output in line with the global demand ...
    24-Mar-2020 News COVID-19
    COVID-19 pandemic: Bridgestone to cut production at European facilities
    Bridgestone EMIA (Bridgestone) has announced that its plants in Europe will be either temporarily closed or reduce production in response to the coronavirus disease 2019 (COVID-19) pandemic, according to a company press release on 23 March. The company decided to close its Béthune plant in France a...
    24-Mar-2020 News COVID-19
    COVID-19 pandemic: Marelli temporarily suspends operations at several North American facility
    Marelli has announced a temporary suspension of production at several of its North American facilities in response to the rapid spread of the coronavirus disease 2019 (COVID-19) pandemic, which is resulting in lower demand and supply chain bottlenecks, according to a company press release on 23 Marc...
    24-Mar-2020 News COVID-19
    COVID-19 pandemic: Minda Industries suspends production in many Indian states
    Minda Industries has decided to suspend the manufacturing operations in Northern India, Rajasthan, and Maharashtra till further notice, the company said in a press release on 22 March. Following government directives and OEMs announcing production closure due to the coronavirus disease 2019 (COVID-1...
    23-Mar-2020 News COVID-19
    AutoTechInsight Weekly – 23 March 2020
    Click the link above to download this week's issue
    COVID-19 pandemic: Schaeffler cuts production in Europe
    In a press release dated 19 March, Schaeffler announced that it will adjust its production capacities in Germany and Europe. Schaeffler said that adjustments will be made location by location and will consider the specific requirements in the divisions. The company agreed to a set of measures yester...
    23-Mar-2020 News COVID-19
    COVID-19 pandemic: Michelin announces partial production shutdown in North America
    Michelin has announced a temporary, phased shutdown of some of its tire production facilities in the US and Canada due to the rapid spread of the coronavirus disease 2019 (COVID-19) pandemic, according to a company press release on 20 March. This phased suspension of some manufacturing began im...
    23-Mar-2020 News COVID-19
    COVID-19 pandemic: Cooper Tire announces temporary shutdown of plants in US, Mexico
    Cooper Tire & Rubber Company has announced a temporarily shut down its tire manufacturing facilities in the US and Mexico to prevent the spread of the coronavirus disease 2019 (COVID-19) pandemic, according to a press release on 21 March. The process of phasing down production at its plants star...
    23-Mar-2020 News COVID-19
    COVID-19 pandemic: ZF suspends operations in Europe, North America
    Major German auto parts supplier ZF Friedrichshafen announced that the company is suspending many operations in Europe and North America over the coming days due to the rapid spread of the coronavirus disease 2019 (COVID-19) pandemic, according to a statement from Wolf-Henning Scheider, CEO of ...
    23-Mar-2020 News COVID-19
    COVID-19 pandemic: Bosch suspends production at German plants
    Bosch has announced suspension of production at its German locations due to a reduction in customer demand as a result of the coronavirus disease 2019 (COVID-19) pandemic, the Germany-based supplier said in a press release on 20 March. The company informed that starting 25 March, it will drastically...
    23-Mar-2020 News COVID-19
    COVID-19 pandemic: Brembo extends production suspension in Italy until 29 March
    Italian brakes supplier Brembo announced on 19 March that it would extend the temporary suspension of its four Italian plants in Stezzano, Curno, Mapello, and Sellero until 29 March due to the coronavirus disease 2019 (COVID-19) pandemic. “For the company, postponing is an act of responsib...
    23-Mar-2020 News COVID-19
    COVID-19 pandemic: Pirelli announces production suspension in Italy, North America
    Pirelli has announced production suspension in Italy and North America to contain the spread of the coronavirus disease 2019 (COVID-19) virus, according to two separate press releases by the company last week. According to a company press release on 22 March 2020, the tire maker has suspended tire p...
    23-Mar-2020 News COVID-19
    COVID-19 pandemic: Sogefi to suspend production activities across plants in Italy, France, and Spain
    Sogefi has decided to temporarily suspend production activities across its plants in Italy, France, and Spain, due to the coronavirus disease 2019 (COVID-19) pandemic in Europe, the company said in a press release on 22 March. The company’s move will impact its all three divisions: Air & Cooli...
    23-Mar-2020 News COVID-19
    COVID-19 pandemic: Marelli to temporarily halt manufacturing at majority of European plants
    Marelli has decided to temporarily suspend operations at the majority of its production facilities in Europe for the next week in response to the sharp increase in infection and deaths due to the coronavirus disease 2019 (COVID-19) pandemic, the company said in a press release on 19 March. “I...
    20-Mar-2020 News COVID-19
    COVID-19 pandemic: Motor Equipment Manufacturers Association in US seeks government aid
    The trade group for US auto parts makers has asked the government for emergency grants and tariff relief to help combat the adverse economic impact due to the coronavirus disease 2019 (COVID-19) pandemic, Reuters reported on 20 March. The Motor Equipment Manufacturers Association (MEMA) has ...
    20-Mar-2020 News COVID-19
    COVID-19 pandemic: Nokian Tyres enters employee cooperation negotiations on planned temporary layoffs in Finland
    Nokian Tyres has announced that it has entered into negotiations for temporary layoffs in Finland in the light of the coronavirus disease 2019 (COVID-19) outbreak, a company press release on 18 March showed. Nokian cites a decrease in demand in the European car and tire markets as the reason be...
    20-Mar-2020 News COVID-19
    COVID-19 pandemic: Bridgestone to temporarily shut down manufacturing in Americas
    Bridgestone Americas (Bridgestone) has announced a temporary phased shutdown of its manufacturing facilities in North America and Latin America in response to the COVID-19 pandemic, according to a press release on 19 March 2020. The company informed that the temporary shutdown will begin 21 Mar...
    20-Mar-2020 News COVID-19
    COVID-19 pandemic: Michelin suspends production at some European factories
    Michelin has suspended production at some of its European facilities "for at least one week" due to the coronavirus disease 2019 (COVID-19) pandemic, according to a company press release on 18 March. The company has decided to close, for at least one week, its production facilities located in the Eu...
    20-Mar-2020 News COVID-19
    COVID-19 pandemic: SKF announces measures to reduce impact on operations
    As a result of the increasing threat of the coronavirus disease 2019 (COVID-19) pandemic, Sweden-based bearing and seal manufacturing firm SKF has announced its intention to lower its production output. According to a press statement issued by the company on 19 March, SKF will take steps that inc...
    20-Mar-2020 News COVID-19
    COVID-19 pandemic: Autoliv to adjust production, take cost reduction actions
    Autoliv is proactively taking measures to minimize any consequences for customers and mitigate the impact of the novel coronavirus disease 2019 (COVID-19) pandemic on the company, the Swedish supplier of vehicle safety systems said in a press release on 19 March 2020. In response to this, Autoliv is...
    19-Mar-2020 News COVID-19
    COVID-19 pandemic: Goodyear to suspend manufacturing in Americas through 3 April
    US-based Goodyear Tire & Rubber plans to suspend its manufacturing operations in the Americas through at least 3 April or until further notice in response to the sudden decline in market demand that resulted from the rapid spread of the coronavirus disease 2019 (COVID-19) pandemic, accordin...
    19-Mar-2020 News COVID-19
    GM recalls 20,352 vehicles in US to replace brake caliper bolts
    General Motors (GM) has issued a recall of 20,352 vehicles in the US to replace brake caliper bolts, according to a recall notice on the National Highway and Transport Safety Authority (NHTSA) website on 27 February. The recall covers certain model year (MY) 2020 Chevrolet Silverado 1500 and GMC Sie...
    17-Mar-2020 News Recalls
    AutoTechInsight Weekly – 16 March 2020
    Click the link above to download this week's issue
    COVID-19 pandemic: Auto suppliers in Hubei province resuming production in orderly manner, says minister
    According to a report filed by news agency Reuters on 13 March, the vice minister of the Ministry of Industry and Information Technology of China, Xin Guobin, has stated that automotive components and parts manufacturers based in the Hubei province are resuming manufacturing operations in an orderly...
    16-Mar-2020 News COVID-19
    Nexen supplies OE tires for VW Passat in US, Canada
    Nexen Tire is supplying tires as original equipment (OE) fitment for the new Volkswagen (VW) Passat in North America, according to a company press release on 10 March 2020. The tiremaker is supplying its N'FERA AU7 in size 215/60R16 95T for the Canadian market and 215/55R17 94H for the United States...
    COVID-19 pandemic: Disruption in auto parts import from China to affect vehicle production in India, says industry association
    According to a press statement issued by the Society of Indian Automobile Manufacturers (SIAM) on 11 March, Rajan Wadhera, the president of SIAM, stated that automotive manufacturers in India import roughly 10 percent of the raw materials that are required for manufacturing processes from China. ...
    16-Mar-2020 News COVID-19
    Linamar's sales fall 2.6% y/y to USD5.6 billion in 2019
    Linamar has reported a fall of 2.6% year on year (y/y) in its sales to CAD7.4 billion (USD5.6 billion) during the full year ended 31 December 2019, according to a company press release on 11 March. Net earnings for the same period fell 27.2% y/y to CAD430.4 million. Sales in the Transportation segme...
    ZF launches industry’s first front electric parking brake
    Germany-based automotive components supplier ZF has launched a front electric parking brake, which happens to be an industry first. This electric parking brake system can be installed in even smaller cars, and the traditional handbrake lever or park brake pedal can be done away with in favor of an e...
    13-Mar-2020 News New Products
    COVID-19 pandemic: China Automotive Systems announces updates on production resumption in China
    Power steering components and systems supplier China Automotive Systems, Inc. has announced that it has resumed operations at its facilities in China. According to a press release from the company dated 10 March, China Automotive Systems has restarted full operations at its manufacturing plants...
    13-Mar-2020 News COVID-19
    COVID-19 pandemic: Pirelli cuts production at Settimo Torinese plant in Italy
    Italian tire manufacturer Pirelli has announced that it will be slowing down manufacturing operations at its Settimo Torinese factory near Turin, Italy. The company will commence recovery of production in the coming days with a limited staff in order to ensure safety. Pirelli will also complete...
    12-Mar-2020 News COVID-19
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