Factbox: Carmakers look to resume China output after virus forced closures

(Reuters) – Automakers including Daimler, Ford and Tesla are looking to resume production in China after being forced to shut factories following the outbreak of a new coronavirus.

FILE PHOTO: A man walks past the logo of Hyundai Motor during the 2019 Seoul Motor Show in Goyang, South Korea, March 28, 2019. REUTERS/Kim Hong-Ji

Below are details on carmakers’ plans (in alphabetical order):

– BMW’s (BMWG.DE) China venture with Brilliance (1114.HK) said on Feb. 5 the Chinese firm planned to restart production on Feb. 17.

– Daimler (DAIGn.DE) said on Feb. 3 it plans to resume passenger car production in Beijing on Feb. 10.

– Fiat Chrysler (FCHA.MI) said on Feb. 6 that disruption to parts supplies could threaten production at one of its European plants within two to four weeks.

– Ford Motor (F.N) said on Jan. 29 it planned to resume production on Feb. 10 at its factories in Chongqing and Hangzhou with joint venture partner Chongqing Changan Automobile (000625.SZ).

– General Motors (GM.N) said on Feb. 10 it plans to restart production in China on Feb. 15.

– Honda (7267.T) said on Feb. 7 it would restart its three plants in Wuhan, which it operates with Dongfeng Motor Group (0489.HK), on Feb. 13. Honda said there were no supply chain issues that would impede production.

– Hyundai Motor (005380.KS) and sister firm Kia Motors (000270.KS) will gradually increase production in South Korea from Feb. 11, the companies said in a statement on Feb. 10.

– Nissan Motor (7201.T) said on Feb. 4 it was considering restarting production in China at its venture with Dongfeng sometime after Feb. 10. Production in Hubei will start sometime after Feb. 14, it said. Its sales in China fell by 11.8% in January.

– PSA Peugeot Citroen (PEUP.PA), which is in the process of merging with Fiat, said on Jan. 31 its three plants in Wuhan will remain closed until Feb. 14.

– Renault (RENA.PA) said on Feb. 7 that its South Korean unit RSM would suspend production at its Busan site for four days from Feb. 11 due to supply chain disruptions.

– Suzuki Motor Corp (7269.T) said on Feb. 7 that it was considering sourcing vehicle components from outside China because the outbreak was threatening to disrupt vehicle production in its biggest market, India.

– Tesla’s (TSLA.O) factory in Shanghai will resume production on Feb. 10 with assistance to cope with the outbreak, a Shanghai government official said on Feb. 8.

FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen in front of dealerships of the companies in Reims, France, July 9, 2019. REUTERS/Christian Hartmann

– Toyota Motor (7203.T) said on Saturday it plans to resume output at three of its four main auto plants in China next week. The resumption of production had initially been slated for Feb. 3 following the Chinese Lunar New Year holidays, but was delayed because of the new coronavirus outbreak in China.

– French car parts maker Valeo (VLOF.PA) said on Jan. 31 its three sites in Wuhan will remain shut until at least Feb. 13.

– Volkswagen (VOWG_p.DE) said on Feb. 8 that it has postponed restarting production at most plants at its Chinese JV with SAIC Motor (600104.SS) and the Tianjin plant of its JV with FAW Group [SASACJ.UL] until Feb. 17. One plant it operates with SAIC in Shanghai and most of the plants in the FAW JV will restart on Feb. 10.

Compiled by Sayantani Ghosh in Singapore; editing by Jason Neely and Nick Macfie

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *