● Nissan dealers are loaning out dealer demonstrator and courtesy cars for free use by NHS workers during the coronavirus outbreak. The initiative, which is being co-ordinated by Nissan UK, involves more than 30 dealers, with more than 100 Micra, Juke, Qashqai and Leaf models available.
Tuesday 21 April: PSA Group predicts European sales slump in 2020, Jaguar Land Rover confirms staff furloughs
● Jaguar Land Rover has confirmed that it has furloughed around half of its workforce under the UK government's Job Retention Scheme, with the firm's major executives also agreeing to temporary pay cuts. It comes as the firm reported its sales for the first three months of 2020 declined 30.9% compared to the same period last year, largely due to the effects of the coronavirus lockdown. Read the full story here.
● The PSA Group, which includes Citroën, DS, Peugeot and Vauxhall/Opel, is predicting that European car sales will shrink by 25% in 2020 due to the impact of the coronavirus. The firm has issued a new market outlook as part of its first quarter results. As well as falling by a quarter in Europe, PSA is anticipating that the automotive market will decline by 10% in China, 25% in Latin America and 20% in Russia this year.
PSA does note that "the outlook is currently difficult to assess and will depend on the scale, duration and geographic extent of the Covid-19 crisis."
The firm sold a total of 627,024 cars worldwide across all its brands during the first three months of the year, a fall of 29.2% compared to 2019. That included a 78.2% drop in sales in China and South East Asia, the first region to introduce major lockdown restrictions due to Covid-19. Sales in Europe, where restrictions were largely introduced in March, fell by 30.0%.
PSA’s various brands were all hit by differing amounts in Europe. Vauxhall/Opel sold 175,338 cars, a fall of 37.3%, Citroën sales dropped by 28.3% (146,288) and Peugeot by 25.7% (216,090). DS actually posted a 16.8% rise, with the far smaller brand selling 10,915 cars.
● MG is donating 30,000 facemasks, which it has sourced through its supply chain, to a number of hospitals in the UK and Ireland. It has already delivered 10,000 masks to the temporary NHS Nightingale Hospital Birmingham, and will also send 5000 each to two NHS trusts in South Wales, and 10,000 to hospitals in Dublin and Cork.
● Businesses in the Silverstone Technology Cluster, have joined forces to start production of Personal Protective Equipment (PPE) to aid healthcare workers in Northamptonshire. STC chair Roz Bird contacted 3000 businesses in the STC, all based at Silverstone Park or other locations close within an hour's drive of the British Grand Prix venue, to investigate ways to produce 14 iteams of PPE or help source the materials needed. More than 50 businesses are now working together to produce the PPE. The STC is still looking for more raw materials to further increase production levels.
Monday 20 April: Major European factories restart production, Bentley extends Cheshire community help
● Volkwagen has today restarted car production, initially at relatively low capacity, at its facilities in Zwickau, Germany and Bratislava, Slovakia.
Notably, the Zwickau plant has been converted to produce electric cars on the VW Group MEB platform and is in the process of building the first ID 3 models – showing the importance to the firm of having that model on the market as close to the planned summer launch date as feasible.
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TStag
So how come JLR are still
So how come JLR are still going? Have they just planned better than anyone else? Or are others shutting down because they can't sell the cars they make?
Chris C
TStag wrote:
JLR has announced temporary closures at various sites. Often it can make more sense to slow production line speed to improve quality rather than continue to run flat out and then have days with the plant idle and staff still being paid.
Noting that Toyota is keeping open to produce service parts shows how this is a good time to build up stocks of spares which may be in short supply due to limited capacity fully used for vehicle build.
gavsmit
They've priced themselves out of the market
With constantly increasing prices, and small hatchbacks now costing well into the mid twenty thousands, their collective greed has caused a huge decline in sales that this Coronavirus threat has brought home even quicker.
I suspect, under the smokescreen of finance packages and 'increased safety and tech', that they were hoping to close the gap between ICE cars and EVs by dramatically increasing the prices of ICE cars rather than making EVs cheaper.
Now a lot of people will lose their jobs over this obscene profitering that has completely backfired.
Chris C
Not only but also
I agree that the costs of extra safety and tech have had a disproportionate effect at the bottom end of the market but cars also continue to get bigger and the tanking of £ exchange rates and reduced customer confidence post 2016 must also have an effect.
jagdavey
Which car companies will survive the coronavirus???????
In 2 years time when we've got rid of COVID-19, there will also be fewer car companies around, not all will survive. After the collapse of the worldwide car market, only those that were making money in 2019 will be able to dig into their cash resrves and carry on. So that means the VW group will survive, also BMW & Toyota. The rest are gonna have to rely on Government bail outs or just go bust. Even the future of companies like Mercedes Benz, & Ford will be in doubt. GM will go bankrupt again, JLR become extinct & the French firms Renault & PSA forced into a merger by the French government. Some of the Japanese firms will also be forced into takeovers, Honda being the most venerable.
TStag
jagdavey wrote:
it will just lead to merger mania. I doubt JLR as they are owned by Tata which has a strong balance sheet.
Peter Cavellini
Cheery bye!
well, your a ray of sunshine we all need, aren't you?
jason_recliner
The curse of Brexit strikes
The curse of Brexit strikes again!
scotty5
Thought we'd forgot about Brexit now?
I'll take the bait. But rather than commenting on Brexit directly, I will refer to something remoaners kept saying and that was we're better together. Outside the car industry, remoaners were also citing the lack of war since 1945 as a success story for the EU.
Macron said the other day his country is at war. And in these crazy times just look what effect the EU has had. Zilch, nil, zero. They tried to get member states to act as one but those who once said the UK was crazy to even consider going it alone, couldn't get their own borders up quick enough. The lack of movement between countries is now seen as a good thing!
Such crazy times and who knows what lies ahead, but the whole concept of the EU has been severely damaged by this virus. Individual countries have completely ignored the advice of Brussels. The question isn't which car manufacturers will survive, but will the EU survive?
xxxx
Hindsight
That comment now looks even more pathetic in these difficult times
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