Automotive

Automakers report lower Q1 US auto sales on virus hit

Automakers reported lower US sales on Wednesday, with purchases diving in March as the coronavirus pandemic prompted widespread economic closures in much of the country, carmakers reported Wednesday.

French auto sales plummet on virus shock

French new car sales in March plunged more than 72 percent and could be down 20 percent for the full year as the coronavirus outbreak sinks the market, industry figures showed Wednesday.

Business

GM Korea to suspend assembly line as virus hits parts supply

The biggest US car company General Motors was caught up on Wednesday in the supply chain disruptions caused by the coronavirus in China when its South Korean unit announced a partial suspension of operations next week.

Automotive

Frankfurt to lose German auto show: organisers

Frankfurt, which has been synonymous with one of the world's biggest auto shows, the IAA, for more than 70 years, has been eliminated from the race to host the next event in 2021, organisers said on Wednesday.

Automotive

VW has 'one shot' to survive shift to digital era: CEO

Volkswagen needs to make urgent changes to become more of a tech company as the industry enters the digital era, CEO Herbert Diess said Thursday, warning that the German car giant had just "one shot" at staying in the game.

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