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    Major revision for global light vehicle production forecast – what it means for OEMs’ technology deployment
    The IHS Markit light vehicle production forecast has been cut by 6.2% or 5.02 million units in 2021, and by 9.3% or 8.45 million units in 2022, to stand at 75.8 million units and 82.6 million units, respectively. For 2023, we have reduced the forecast by 1.05 million units or 1.1% to 92 million unit...
    What Fit for 55 means for all member nations in the European Union
    Unveiling a roadmap to make Europe the world’s first climate neutral continent by 2050, the European Commission rolled out the ‘Fit for 55’ package on 14 July 2021, proposing that the suggestions made by the governing body be made legally binding for all members of the European Union (EU). ...
    19-Aug-2021 Insights Policy & Regulation Pinned
    Magna releases 2021 outlook on declined light vehicle production
    Magna expects total sales for 2021 to be in the range of USD35.4–36.4 billion, compared with USD38.0–39.5 billion, owing to the expected decline in 2021 light vehicle production, it said in a press release on 20 October. “Adjusted EBIT margin is now expected to be in the 5.1% to 5.4%...
    22-Oct-2021 News COVID-19
    Indian auto component industry's revenue to drop 10–12% y/y in FY 2021, says ACMA
    The Automotive Component Manufacturers Association of India (ACMA) forecasts that the auto component industry’s fiscal year (FY) 2020–21 revenue would decline 10–12% year on year (y/y) on account of COVID-19 led disruptions. The lobby body, however, is expected to release annual results o...
    07-Jun-2021 News COVID-19
    COVID-19 pandemic: Mainland China imposes lockdown in Shijiazhuang city in Hebei province
    Last week, mainland China imposed fresh lockdown in Shijiazhuang, in the northern province of Hebei, after sudden rise in new cases of the COVID-19 pandemic, CNN reported on 8 January. Municipal officials have banned outbound travel for about 11 million residents of Shijiazhuang, except for eme...
    12-Jan-2021 News COVID-19
    VDA survery reveals most suppliers expect to return to pre-crisis levels starting in 2022
    Most auto parts suppliers in Germany expect to return to pre-crisis level starting in 2022, according to the findings of a survey of automotive suppliers by the German Association of the Automotive Industry, published on 25 August. “The political measures to support businesses are indeed taking ef...
    02-Sep-2020 News COVID-19
    COVID-19 pandemic: JTEKT India expects business to normalize in second half of FY 2021
    Automotive components supplier JTEKT India has announced that it expects the current business scenario to normalize during the second half of the 2021 fiscal year. In a notice filed by the company to the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) on 29 June, JTEKT India stated...
    10-Jul-2020 News COVID-19
    COVID-19 pandemic: Auto parts supplier Compa temporarily reducing operations in Romania
    Romanian automotive components manufacturer Compa S.A. Sibiu is temporarily reducing operations in the country for two months due to the difficult economic context caused by the COVID-19 pandemic, according to a company statement filed with the Bucharest Stock Exchange (BSE) 1 July. The op...
    07-Jul-2020 News COVID-19
    COVID-19 pandemic: 30 supplier plants in Mexico’s Puebla city resume operations on 29 June
    Auto parts suppliers in Mexico’s Puebla city are preparing to restart operations after receiving permits from local and federal authorities, according to a report by El Economista on 30 June. The general secretary of the Confederation of Mexican Workers (CTM) in Puebla, Leobardo Soto Martínez, co...
    03-Jul-2020 News COVID-19
    COVID-19 pandemic: 40 auto parts suppliers in Puebla, Mexico to resume operations on 22 June
    Auto parts suppliers in Mexico’s Puebla city are preparing to restart operations as restrictions are being lifted, according to a report by Cluster Industrial on 17 June. Gabriel Covarrubias Lomelí, president of Mexico’s National Chamber of the Transformation Industry (Canacintra), recently con...
    22-Jun-2020 News COVID-19
    COVID-19 pandemic: ACEA, CLEPA, CECRA call EU for urgent support for struggling automotive sector
    The European Automobile Manufacturers Association (ACEA), the European Association of Automotive Suppliers (CLEPA), and the European Council for Motor Trades and Repairs (CECRA), which represent vehicle manufacturers, auto parts suppliers, and dealers, respectively, have requested the European Union...
    19-Jun-2020 News COVID-19
    WABCO India resumes manufacturing operations in limited capacity
    According to a notice provided by auto components manufacturer WABCO India to the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) on 4 June, the company has restated production activities at its plants across India in a phased manner. The capacity enabled at the company’s plan...
    18-Jun-2020 News COVID-19
    COVID-19 pandemic: Latest lockdown in Tamil Nadu, India, could impact operations at some automakers, suppliers
    Tamil Nadu has announced an intense lockdown in Chennai and three neighboring districts Kanchipuram, Chengalpattu, and Tiruvallur for 12 days starting 19 June to curb the sharp increase in COVID-19 cases. The state government move is expected to adversely impact the manufacturing operation...
    17-Jun-2020 News COVID-19
    COVID-19 pandemic: Magna resumes production at Mexican plants
    Canada-based Magna International has resumed operations at all of its plants in Mexico, according to a report by CE Noticias Financieras on 13 June. "All of our plants in Mexico have received government approval to restart production and substantially all are operational," the report said citing a c...
    15-Jun-2020 News COVID-19
    COVID-19 pandemic: Continental warns of further cost saving measures and job losses
    German automotive components and system supplier, Continental, has warned of further cost saving measures and job cuts to tide over the current economic scenario. According to a report filed by German business news publication WirtschaftsWoche on 10 June, the company’s CEO has stated that Con...
    11-Jun-2020 News COVID-19
    COVID-19 pandemic: Gestamp resumes operations at three plants in US city Chattanooga
    Auto parts supplier Gestamp has partially resumed operations at its three Chattanooga plants in the United States, according to a report by Chattanooga Times Free Press on 26 May. The company said almost 1,000 workers across three sites are expected to return to work by mid-June to the end of Jul...
    10-Jun-2020 News COVID-19
    Steel Strips Wheel expects to reach 75% of pre-COVID-19 production levels by September
    India-based Steel Strips Wheel Ltd (SSWL) said in a regulatory filing on 8 June that all its plants are currently functional following lockdown relaxations and that the company expects to reach 75% of pre-COVID-19 levels of production by September this year. In addition, SSWL expects alloy wheel cap...
    09-Jun-2020 News COVID-19
    COVID-19 pandemic: Lumax says profitability for Q4 2020 and Q1 2021 likely to be adversely impacted
    Indian auto parts supplier Lumax Industries said in a regulatory filing on 1 June that the company expects the profitability for the fourth quarter of 2020 and the first quarter of 2021 likely to be adversely impacted due to the ongoing COVID-19 pandemic. Significance: The company informed that d...
    09-Jun-2020 News COVID-19
    COVID-19 pandemic: Meritor announces additional cost and liquidity actions
    Meritor, Inc. has announced additional cost and liquidity actions in response to the ongoing COVID-19 pandemic, according to a press release on 3 June 2020. Meritor also announced its plan, subject to market and other conditions, to offer USD300 million aggregate principal amount of unsecured senior...
    04-Jun-2020 News COVID-19
    COVID-19 pandemic: Cooper Tire resumes limited production at the El Salto, Mexico, plant
    US automotive tire manufacturer Cooper Tire & Rubber Company has announced that it has begun the process of restarting manufacturing operations at its production facility located in El Salto, Mexico. According to a press release issued by Cooper Tire on 1 June, the company stated that ...
    02-Jun-2020 News COVID-19
    COVID-19 pandemic: Yokohama restarts production at Salem plant in US from 1 June
    Yokohama Corp. of North America is restarting production at its Salem plant in Virginia, United States, from 1 June, ending eight weeks of being idled owing to the COVID-19 pandemic, according to a report by Tire Business on 29 May. Significance: Yokohama informed that it has implemented new safe...
    01-Jun-2020 News COVID-19
    COVID-19 pandemic: CEAT resumes partial operations at Maharashtra plant
    Indian tiremaker CEAT has partially resumed operations at its plant in Mumbai, Maharashtra in India, according to a company filing with Bombay Stock Exchange on 27 May. The company has resumed operations with restricted movement of manpower as permitted by the concerned authorities, while taking all...
    29-May-2020 News COVID-19
    COVID-19 pandemic: ZF plans to cut up to 15,000 jobs by 2025
    Automotive components and systems supplier, ZF Friedrichshafen, has announced that it plans to axe up to 15,000 jobs, which represents nearly 10% of the company’s staff, by the year 2025 in response to falling demand across the globe. According to a report filed by Automotive News on 28 May, an in...
    29-May-2020 News COVID-19
    COVID-19 pandemic: Marelli secures USD1.21 billion in additional funding
    Automotive supplier Marelli has announced that it has secured additional funding from its shareholders and leading banks. According to a press statement released by Marelli on 27 May, the company has stated that it secured JPY130 billion (USD1.21 billion) from KKR, its shareholder, and its leading J...
    28-May-2020 News COVID-19
    COVID-19 pandemic: Minda Industries’ Indian plants operating at 10–20% capacity utilization
    India-based Minda Industries has informed about the impact of the ongoing COVID-19 pandemic on the company. According to a regulatory filing on 27 May, the company said that it has now received approvals to start production at all manufacturing plants in India with limited staff and capacity. Accord...
    28-May-2020 News COVID-19
    AutoTechInsight Webinar: COVID-19 Coverage Part 2
    Watch an on-demand replay now COVID-19 has had a big impact on the world economy with the automotive industry being no exception. During this webinar our AutoTechInsight experts will evaluate the supply chain status of China, India and Southeast Asia and analyze disruption levels, the status...
    27-May-2020 News COVID-19
    COVID-19 pandemic: Michelin restarts manufacturing operations in Mexico
    France-based tire manufacturer, Michelin, has announced that it will be restarting its facilities located in Mexico. According to a report filed by news agency Reuters on 26 May, two of Michelin’s manufacturing plants located in Mexico, which had been on temporary lockdown due to the COVID-19 ...
    26-May-2020 News COVID-19
    COVID-19 impact: Thailand’s FTI mulls repurposing auto parts plants to make medical devices or aircraft parts
    The auto part industry club under the Federation of Thai Industries (FTI) is conducting a feasibility study on repurposing local auto parts manufacturing plants to build medical devices or aircraft parts, the Bangkok Post reported on 26 May. “The club wants to support its members adjusting their b...
    26-May-2020 News COVID-19
    COVID-19 pandemic: Falken Tyre India resumes operations in Gurgaon
    Falken Tyre India has resumed operations in Gurgaon, according to a company press release on 22 May. The company said that it is one of the first few foreign tire manufacturers to have been granted the official approval to resume its operations on 19 May. Commenting on the resumption of its opera...
    26-May-2020 News COVID-19
    COVID-19 pandemic: GM to restart transmission plant in Mexico
    General Motors has announced that it will be reopening its manufacturing facilities in Mexico. According to a report filed by news publication Detroit Free Press on 21 May, the company has completed regulatory health and safety procedures and has now received approval from the Government of Mexico t...
    25-May-2020 News COVID-19
    COVID-19 pandemic: ZF secures USD1.48 billion in additional liquidity
    German automotive components and systems supplier ZF Friedrichshafen AG has announced that it has strengthened its liquidity in order to provide it with increased financial flexibility to overcome the challenges caused by the ongoing COVID-19 pandemic. In a press statement issued by ZF on 20...
    21-May-2020 News COVID-19
    COVID-19 pandemic: Bridgestone temporarily shuts down plants in Japan
    Bridgestone Corporation has announced a temporary phased shutdown of its plants in Japan owing to the market situation and decline in the demand, according to a company press release on 20 May. The company has temporarily halted production at Kurume, Nasu, and Hofu plants located in Fukuoka, Tochigi...
    21-May-2020 News COVID-19
    COVID-19 pandemic: Continental increases liquidity with two bonds valued at USD1.64 billion
    German automotive parts and components supplier, Continental, has taken steps to further reinforce its liquidity in light of the unstable market conditions brought on by the effects of the coronavirus disease 2019 (COVID-19) pandemic. According to a press release issued by Continental on 19 May, ...
    20-May-2020 News COVID-19
    COVID-19 pandemic: Munjal Showa partially resumes operations at Indian plans
    Auto components supplier Munjal Showa Ltd has resumed partial operations at its manufacturing facilities located at Gurugram, Manesar, and Haridwar following relaxation given by the government for the ongoing third phase of lockdown, according to a regulatory filing by the company with BSE. The comp...
    19-May-2020 News COVID-19
    COVID-19 pandemic: JTEKT resumes partial operations at Indian plants
    JTEKT has received conditional permission by the concerned government authorities to resume operations at its plant located in Chennai, according to a regulatory filing by the company with Bombay Stock Exchange on 16 May. Significance: The company will ramp up its production activities based on c...
    19-May-2020 News COVID-19
    COVID-19 pandemic: Linamar ramping up production at select plants in North America and Europe
    Linamar Corp is focused on resuming production at its factories in North America, CEO Linda Hasenfratz stated, as quoted by Bloomberg on 15 May. The Canada-based company has established safety protocols based on screening, masks, and establishing physical barriers to keep people apart, as well as cl...
    18-May-2020 News COVID-19
    COVID-19 pandemic: Indian suppliers Endurance, Hi-Tech Gears, Rico Auto, Suprajit, Subros and others partially resume operations
    Several automotive parts and components suppliers based in India have begun to restart operations in a phased manner. These companies’ production facilities had been put on temporary suspension due to the nationwide lockdown imposed by the Indian government during late March 2020 owing to the coro...
    18-May-2020 News COVID-19
    COVID-19 impact: Automotive suppliers in India to put USD4 billion worth investment on hold until 2022
    Automotive suppliers in India are likely to defer their planned capital expenditure of USD4 billion until 2022 as they stare at unutilized capacity due to low demand and shift focus on preserving cash amid the coronavirus disease 2019 (COVID-19) pandemic, a top official of the Auto Component Manufac...
    18-May-2020 News COVID-19
    COVID-19 pandemic: Pirelli to restart operations at UK plants on 18 May
    Italian tire manufacturer Pirelli has announced that it will be restarting production at its plants in the United Kingdom on 18 May. According to a press release issued by Pirelli on 14 May, the company has stated that it will resume operations at its manufacturing facilities located at Carlisle and...
    18-May-2020 News COVID-19
    COVID-19 pandemic: ZF Steering Gear partially resumes operations in India
    ZF Steering Gear (India) Limited has resumed operations at its plants located in Village Vadu Budruk, Pune, and at Pithampur, Madhya Pradesh, after obtaining permissions from the local district authorities, according to a regulatory filing by the company on 11 May. “The company is slowly prepar...
    18-May-2020 News COVID-19
    COVID-19 pandemic: Pirelli to resume production at UK plants from 18 May
    Pirelli will resume operations at its UK plants from 18 May plant two months after it closed amid the coronavirus disease 2019 (COVID-19) pandemic, according to a report by Tyre Press on 14 May. The company said it will reopen its plants located in in Carlisle and Burton in the United Kingdom. Si...
    15-May-2020 News COVID-19
    COVID-19 pandemic: Gabriel starts operations at Dewas plant in Madhya Pradesh
    Gabriel has informed that the company has received conditional permission by the concerned government authorities to resume operations at its plants located in Dewas, Madhya Pradesh, the Indian supplier said in a filing with BSE on 12 May. The company has said that now all of its plants are resum...
    14-May-2020 News COVID-19
    COVID-19 pandemic: Benteler says global restart of production in full swing
    Benteler has informed that the global restart of production at its facilities is in full swing, the company said in a press release on 11 May 2020. The company is currently driving the restart of its plants worldwide with all efforts. “As a reliable partner, it is our goal to continue to ensure...
    14-May-2020 News COVID-19
    COVID-19 pandemic: Bridgestone resumes operations at Pune and Indore plants in India
    Japanese tiremaker Bridgestone has resumed operations at two of its Indian manufacturing plants, according to a report by Autocar Professional on 13 May. The company has resumed manufacturing activities at its plant in Pune, Maharashtra, and Indore, Madhya Pradesh. Significance: These plants were...
    14-May-2020 News COVID-19
    COVID-19 impact: UK supplier Arlington Automotive appoints administrators for restructuring
    The UK subsidiary of Arlington Automotive Group has appointed Duff & Phelps as administrators to restructure its struggling business due to the coronavirus disease 2019 (COVID-19) pandemic, Reuters reported on 11 May. The company employs around 600 people at its sites in Coventry, Newton Aycliff...
    12-May-2020 News COVID-19
    COVID-19 pandemic: Nokian Tyres restarts construction of new testing center in Spain
    Nokian Tyres has restarted construction of its new testing center in Spain, following local instructions, the tiremaker said in a press release on 11 May. Significance: Nokian Tyres had temporarily closed its manufacturing facilities in Russia, Finland, and the United States in late March. At the...
    12-May-2020 News COVID-19
    COVID-19 pandemic: JK Tyre partially restarts operations in India
    Indian tiremaker JK Tyre & Industries Ltd has partially resumed operations in India, the company said in a press release on 8 May. The company said after adhering to the guidelines issued by the Ministry of Home Affairs, Government of India and permissions granted by the respective state governm...
    11-May-2020 News COVID-19
    COVID-19 pandemic: Automotive industry associations in India urge government to allow restart of operations
    The three key automotive industry associations in India—the Society of Indian Automobiles Manufactures (SIAM), the Automotive Components Manufacturers Association of India (ACMA) and the Federation of Automobile Dealers Association (FADA)—have urged the Indian government to give go-ahead signal ...
    08-May-2020 News COVID-19
    COVID-19 pandemic: Gabriel partially resumes operations at two Indian plants
    Gabriel has partially resumed operations at two of its plants in India that cater to the passenger car market, the company said in a filing with BSE on 6 May. The company has resumed operations at plants located at Chakan in Pune, Maharashtra; and Sanand in Gujarat. The company said that it ...
    08-May-2020 News COVID-19
    COVID-19 pandemic: MRF partially resumes operations at certain plants in India
    MRF has partially resumed operations at certain manufacturing facilities in India, the company said in a filing with BSE on 6 May. “Based on the various relaxations and guidelines issued by the Ministry of Home Affairs, Government of India, and by the respective State Governments and permission...
    07-May-2020 News COVID-19
    COVID-19 pandemic: Kumho resumes production at US plant
    Kumho Tire has resumed production at its facility in Macon, Georgia in the United States, according to a report by Modern Tire Dealer on 6 May. "We decided to reopen our Macon plant yesterday (5 May), and it has resumed production with enhanced safety procedures until the 15th of this month," acc...
    07-May-2020 News COVID-19
    AutoTechInsight Webinar: COVID-19 Coverage Part 1
    Watch an on-demand replay now COVID-19 has had a big impact on the world economy with the automotive industry being no exception. AutoTechInsight is evaluating and analyzing technology deployment, regulatory and supply chain impacts of COVID-19 in light of  various containment directives and...
    06-May-2020 News COVID-19
    COVID-19 pandemic: Bharat Forge to resume partial operations at Baramati plant in India
    Bharat Forge has announced that it is gearing up to commence partial operations at its Baramati plant in Maharashtra, India, a company press release on 5 May showed. "We expect production to commence by end of the week, post completion of mandatory safety check and training of personnel on p...
    06-May-2020 News COVID-19
    COVID-19 pandemic: MARELLI partners with Lifenet Healthcare to enable safe return to production activities
    MARELLI has partnered with Lifenet Healthcare to support the safe return of production activities in Italy where the government has started easing on the lockdown on 4 May, after nearly two months, to prevent the spread of the coronavirus disease 2019 (COVID-19) pandemic, the company said a press re...
    05-May-2020 News COVID-19
    COVID-19 pandemic: Sumitomo Rubber plans to restart US plant operations on 11 May
    Sumitomo Rubber USA LLC is preparing to resume production at its tire plant in Tonawanda in New York, US, on 11 May, according to a report by Modern Tire Dealer. Significance: The company had suspended production at its Tonawanda tire plant in New York for approximately two weeks starting 20 Apri...
    05-May-2020 News COVID-19
    COVID-19 pandemic: Rico Auto resumes limited manufacturing in India
    Rico Auto has resumed partial operations at certain plants in India, the company said in a regulatory filing on 3 May. The company has restarted production activities at Bawal plant and Dharuhera on 27 April and 28 April, respectively. Rico’s Pathredi plant resumed operations on 2 May. The company...
    05-May-2020 News COVID-19
    COVID-19 pandemic: Sandhar to partially resume operations in India on 6 May
    Automotive components maker Sandhar Technologies Ltd. has announced its plan to resume production in a limited capacity at its facilities in India. Operations at these facilities had been put on temporary hold since the month of March due to the ongoing coronavirus disease 2019 (COVID-19) pandemic. ...
    05-May-2020 News COVID-19
    COVID-19 pandemic: CEAT partially resumes operations in India
    Indian tire maker CEAT has partially resumed operations at certain plants in India, according to a company filing with Bombay Stock Exchange on 4 May. “The company is able to partially resume its functioning at its plants located at Nasik, Nagpur (Maharashtra), and Halol (Gujrat), with restricted ...
    05-May-2020 News COVID-19
    COVID-19 pandemic: Suppliers warn Michigan Governor of risks of delaying production resumption
    The US-based associations for automotive suppliers, Motor & Equipment Manufacturers Association (MEMA) and Original Equipment Suppliers Association (OESA), have told the Michigan State Governor Gretchen Whitmer that they are ready to resume operations, Reuters reported on 1 May. These associatio...
    04-May-2020 News COVID-19
    COVID-19 pandemic: Toyo Tire resumes production at Georgia plant in US
    Toyo Tire Holdings of Americas Inc. has resumed operations at its tire manufacturing plant in Georgia, US, from 3 May, according to a report by Tire Business on 30 April. The company is taking additional measures to ensure the health and safety of all of its employees based on guidelines from the Ce...
    04-May-2020 News COVID-19
    COVID-19 pandemic: Pirelli resumes production activities in Italy starting 4 May
    Pirelli is preparing to gradually resume production activities in Italy from today (4 May), according to a company press release. The company is taking measures to ensure the protection of its employees’ health and workplace safety. To this end, Pirelli is collaborating with the Università degli ...
    04-May-2020 News COVID-19
    COVID-19 impact: Continental defers spin-off of Vitesco Technologies due to economic uncertainty
    German automotive components supplier Continental’s planned spin-off of its powertrain division into a separate entity, Vitesco Technologies, has been deferred because of the coronavirus disease 2019 (COVID-19) pandemic. According to a press release issued by Continental on 30 April, the...
    01-May-2020 News COVID-19
    COVID-19 pandemic: Endurance Technologies resumes operations at Pantnagar, Waluj plants in India
    Indian automotive components supplier Endurance Technologies has announced that it has restarted two of its plants in the country. In a notification sent to the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), the company has stated that it has resumed production at its production ...
    30-Apr-2020 News COVID-19
    COVID-19 pandemic: Varroc Engineering partially resumes operations at three plants in India
    Indian supplier Varroc Engineering has received permission to resume operations of certain plants in India, the company said in a regulatory filing with BSE on 28 April. Production has either resumed or will be partially resuming at facilities located in Pune (Maharashtra), Pantnagar (Uttarakhand), ...
    30-Apr-2020 News COVID-19
    COVID-19 pandemic: Michelin resumes tire production at Romanian plant
    Michelin has resumed partial production at its tire plant in Zalau, Romania, on 21 April, according to a report by SeeNews on 23 April. "The necessary sanitary measures have been implemented, in accordance with the effective legislation and our internal regulations, our priority being to protect ...
    29-Apr-2020 News COVID-19
    COVID-19 pandemic: Automotive Stampings and Assemblies resumes operations at Halol plant in India
    Automotive Stampings and Assemblies Limited (ASAL) has announced that the company has received permission to resume operations at the Halol plant in India in a phased manner, according to the company’s filing with Bombay Stock Exchange (BSE) on 28 April. Production has partially resumed at the pla...
    29-Apr-2020 News COVID-19
    COVID-19 pandemic: Brembo restarts certain operations in Italy
    Italian manufacturer of braking systems, Brembo, has announced that it has resumed some of its operations in Italy. According to a press release issued by Brembo on 27 April, the company has stated that certain operations have been restarted at its manufacturing plants located at Curno, Mapello, and...
    29-Apr-2020 News COVID-19
    COVID-19 pandemic: Minda Industries resumes operations at certain facilities in India, Spain
    Minda Industries has announced that it has received permission to resume operations of certain plants in India, a company press release on 27 April showed. Production has partially resumed at certain facilities located in Pantnagar from 24 April and at Waluj from 27 April. The company’s Clarton...
    28-Apr-2020 News COVID-19
    COVID-19 pandemic: Apollo Tyres partially resumes operations at plants in India and Hungary
    Apollo Tyres has partially resumed operations at its manufacturing facilities in India and Hungary, the company said in a filing with BSE on 25 April. The tire maker has partially resumed operations at its plants in the state of Kalamassery, Kerala and Limda, Gujarat. In addition, Apollo Tyres ...
    28-Apr-2020 News COVID-19
    COVID-19 pandemic: Goodyear suspends production in Indonesia until 3 May
    PT Goodyear Indonesia has suspended production at its facility in Bogor, Indonesia until 3 May due to the ongoing coronavirus disease 2019 (COVID-19) pandemic, according to a report by The Jakarta Post on 23 April. Goodyear’s Bogor facility produces tires for passenger cars, commercial vehicles, a...
    28-Apr-2020 News COVID-19
    COVID-19 pandemic: Michelin to gradually resume operations with necessary safety measures, says CEO
    French tire manufacturer Michelin has announced that it is preparing to restart production operations in a phased manner. According to a press statement issued by Michelin on 21 April, the company’s CEO has declared that Michelin will gradually reopen its facilities after having put the required s...
    28-Apr-2020 News COVID-19
    COVID-19 pandemic: Suppliers in Italy are at risk if they do not resume operations soon, says Brembo CEO
    Automotive companies in Italy will be at risk if the country’s supply-chain does not resume operations from this week, Brembo’s chairman Alberto Bombassei told an Italian daily Il Sole 24 Ore in an interview last week. “If the Italian supply chain does not return to operation next week, a...
    27-Apr-2020 News COVID-19
    COVID-19 pandemic: Nokian Tyre to resume production at US plant on 4 May
    Nokian Tyre is planning to resume production at its Dayton factory In the United States from 4 may, according to a News Channel 9 report on 24 April. The plant will open for certain employees on 27 April, with safety measures in place to stop the spread of coronavirus disease 2019 (COVID-19) pa...
    27-Apr-2020 News COVID-19
    COVID-19 pandemic: Schaeffler partially resumes operations at Savli plant in India
    Schaeffler has partially resumed partial operation in Savli plant in Gujarat, India, the company announced in a press release on 23 April. The plant has started with two shifts with 30% attendance in each shift to maintain social distancing norm. Schaeffler also informed that it has extended the clo...
    27-Apr-2020 News COVID-19
    COVID-19 pandemic: Dura Automotive Systems to lay off 81 employees at Moberly plant in US
    Michigan-based automotive components manufacturer Dura Automotive Systems will begin laying off 81 employees at its Moberly plant in Missouri, US, Kirksville Daily Express reported on 21 April. The layoffs are due to the coronavirus disease 2019 (COVID-19) pandemic which has significantly impac...
    27-Apr-2020 News COVID-19
    COVID-19 pandemic: Hankook resumes production at Tennessee plant in US
    Hankook Tire America has resumed operations at its Clarksdale plant in Tennessee, United States, from 20 April, according to a report by Modern Tire Dealer on 23 April. Significance: The facility reopened following a three-week shutdown. Hankook had suspended operations from 30 March at the plant...
    24-Apr-2020 News COVID-19
    COVID-19 pandemic: Cooper Tire to resume production in US and Serbia next week
    United States-based tire manufacturer Cooper Tire & Rubber Company has announced the reopening of its plants in the US and Serbia. According to a press statement issued by Cooper Tire on 23 April, the company’s US manufacturing facilities located at Findlay in Ohio, Clarksdale and Tupelo in Mi...
    24-Apr-2020 News COVID-19
    COVID-19 pandemic: Pirelli resumes limited production at Brazilian plant
    Italian tire maker Pirelli is resuming production at its Brazilian plant in Campinas, according to a report by Automotive Business on 22 April. The resumption of operations at reduced capacity began 20 April. The Campinas facility makes tires for passenger and commercial vehicles. Significance: P...
    23-Apr-2020 News COVID-19
    COVID-19 pandemic: Apollo Tyres partially resumes operations in Kerala
    Apollo Tyres has partially resumed operations at its Kerala-based manufacturing facility, the company said in a filing with BSE on 21 April. "In view of the various directives issued by the central, state governments on the exemptions from lockdown to be effective from 20 April 2020, and by adher...
    23-Apr-2020 News COVID-19
    COVID-19 pandemic: Bosch to support production of 4,000 ventilators in Australia
    Bosch Australia Manufacturing Solutions division (BAMS), a subsidiary of the German automotive components manufacturer Bosch, will provide support in the ongoing fight against the coronavirus disease 2019 (COVID-19) pandemic by testing ventilators. This is part of an initiative by Grey Innovation an...
    23-Apr-2020 News COVID-19
    COVID-19 pandemic: European suppliers call on governments to coordinate restart strategies, stimulate demand
    The automotive suppliers in Europe have called on governments to coordinate their restart strategies and stimulate demand in support of economic recovery, the European Association of Automotive Suppliers (CLEPA) said in a press release on 20 April. According to Segrid de Vries, secretary general of ...
    22-Apr-2020 News COVID-19
    COVID-19 pandemic: Amara Raja Batteries partially resumes operations at Indian plants
    Amara Raja Batteries has announced that it has partially resumed production operations at its plants in Andhra Pradesh, India, a company filing on 20 April showed. The company said that it obtained the necessary permits to resume operations and are following guidelines issued by the Ministry of Home...
    22-Apr-2020 News COVID-19
    COVID-19 pandemic: ACMA says Indian auto components industry prepares to resume production
    Indian auto components industry is preparing to resume production. However resumption is dependent on the factories being part of permissible areas and if their customers are resuming operations, the Press Trust of India reported on 20 April, quoting industry body ACMA. Private industri...
    21-Apr-2020 News COVID-19
    COVID-19 pandemic: Bridgestone EMIA reopens all manufacturing plants in Europe
    Bridgestone is resuming operations in a phased manner at most of its facilities in Europe, Russia, the Middle East, India and Africa (EMIA) citing rising business and customer demand for tires, according to a report by Fleet World on 20 April. The company resumed operations 20 April in Bari, Italy, ...
    21-Apr-2020 News COVID-19
    COVID-19 pandemic: Bridgestone to temporarily close Japan plants
    Bridgestone has announced a temporary phased shutdown of its manufacturing facilities in Japan due to the current uncertain market situation and declining demand as a result of the coronavirus disease 2019 (COVID-19) pandemic, according to a company press release on 20 April. This temporary shutdown...
    21-Apr-2020 News COVID-19
    COVID-19 Automotive R&D Impact - IHS Markit Survey
      Click the link above to download the survey report.
    20-Apr-2020 Insights COVID-19
    COVID-19 pandemic: Giti Tire extends production suspension at US facility
    Giti Tire (USA) Ltd. is extending production suspension at its US tire manufacturing facility in South Carolina until 4 May due to the ongoing coronavirus disease 2019 (COVID-19) pandemic, Modern Tire Dealer reported on 17 April. Significance: The extension of production suspension will enable th...
    20-Apr-2020 News COVID-19
    The impact of COVID-19 on the Indian automotive industry
    The coronavirus disease 2019 (COVID-19) pandemic has caused severe disruptions in the automotive supply chain globally, and as cases of COVID-19 continue to increase, automakers and automotive suppliers around the world are suspending production operations. The increasingly stringent federal and sta...
    17-Apr-2020 Insights COVID-19
    COVID-19 pandemic: ACEA, CLEPA adopt code of business conduct to resume operations
    The European Automobile Manufacturers’ Association (ACEA) and the European Automotive Suppliers’ Association (CLEPA) have jointly adopted a ‘Code of Business Conduct in view of COVID-19’ to facilitate a rapid and smooth restart of the automotive industry in the region after several weeks of ...
    17-Apr-2020 News COVID-19
    COVID-19 pandemic: Dana introduces cost-cutting measures, secures additional liquidity
    American automotive components supplier Dana Incorporated has announced that it has taken additional cost-reducing actions in response to lower customer demand caused by the ongoing coronavirus disease 2019 (COVID-19) pandemic. According to a press release issued by the company on 16 April, these...
    17-Apr-2020 News COVID-19
    COVID-19 pandemic: Talbros Automotive Components extends plant shutdown in India until 3 May
    Indian automotive parts supplier Talbros Automotive Components has announced that it has taken the decision to extend the temporary closure of its offices and production facilities in India till 3 May. According to a notification to the Bombay Stock Exchange (BSE) that was filed by the company on 15...
    17-Apr-2020 News COVID-19
    COVID-19 pandemic: Indian auto parts suppliers association ACMA reiterates call for urgent financial aid
    The Automotive Component Manufacturers’ Association of India (ACMA) has reiterated its calls for urgent financial aid from the Indian government for the struggling auto component industry amid the continuing lockdown. In a statement released on 15 April, Deepak Jain, president of ACMA said that ni...
    16-Apr-2020 News COVID-19
    COVID-19 pandemic: Marelli readies safety measures package for possible operations restart in Italy on 3 May
    Italian automotive components manufacturer Marelli has announced that it is compiling a package of health and safety measures which will enable the company to gradually return to a normal operating schedule once the Italian government eases the lockdown currently in place to curb the effects of...
    16-Apr-2020 News COVID-19
    COVID-19 pandemic: Bharat Forge extends plant closure in India
    Bharat Forge has extended production suspension at its facilities in India until further notice due to the impact of the coronavirus disease 2019 (COVID-19) pandemic, the company said in a regulatory filing on 14 April. Significance: In March 2020, Bharat Forge had suspended all operations at Ind...
    16-Apr-2020 News COVID-19
    COVID-19 pandemic: Magna plans to resume production in North America on 4 May
    Canadian automotive mobility technology company, Magna International, has announced its plans to return to normal manufacturing schedules from 4 May onward in North America, according to a report filed by news agency Reuters on 15 April. The company’s production activates in North America are...
    16-Apr-2020 News COVID-19
    COVID-19 pandemic: Continental resumes production at tire plant in Romania
    German automotive components manufacturer Continental has announced that it resumed production operations at its tire manufacturing plant at Timisoara in Romania on 8 April. According to a report filed by publication Tire Business on 15 April, Continental had idled the facility in the second half of...
    16-Apr-2020 News COVID-19
    COVID-19 pandemic: Automakers, suppliers prepare to gradually resume production
    Several automakers and tier-1 suppliers are preparing to gradually resume manufacturing operations at their plants in Europe after extended suspensions for several weeks due to the coronavirus disease 2019 (COVID-19) pandemic, according to various media reports. On 14 April, Hyundai became the first...
    15-Apr-2020 News COVID-19
    COVID-19 pandemic: Hankook Tire resumes production at Hungarian plant
    South Korean tire-maker Hankook Tire has resumed production at its plant in Hungary’s Rácalmás in Budapest, according to a report by Daily News Hungary on 14 April. Significance: Hankook Tire had suspended production at its Hungarian plant on 30 March through 7 April. The plant employs more t...
    15-Apr-2020 News COVID-19
    COVID-19 pandemic: Bridgestone resumes operations in several plants in Europe and Russia
    Japanese tire maker Bridgestone has announced that several of its production facilities located in the EMIA region have resumed operations. According to a press release issued on 14 April, facilities across Spain and Russia, which were under temporary suspension or functioning at a reduced capacity ...
    15-Apr-2020 News COVID-19
    COVID-19 pandemic: European suppliers’ association CLEPA seeks close coordination in resuming operations
    The European Association of Automotive Suppliers (CLEPA) is seeking close coordination and support for resuming operations in Europe once the coronavirus disease 2019 (COVID-19) pandemic is under control, the association said in an editorial published last week. CLEPA members has called on the Europ...
    14-Apr-2020 News COVID-19
    COVID-19 pandemic: Brembo extends temporary closure of plants in Italy
    Italian brake components manufacturer Brembo has announced that it will be extending the temporary shutdown of all of its production facilities across Italy until further notice, according to a press statement released by the company on 11 April. This move follows a mandate from the government of...
    14-Apr-2020 News COVID-19
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