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Carmakers look to resume China output after virus forced closures

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02/15/2020 | 12:37pm EDT

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.

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

- BMW's China venture with Brilliance said on Feb. 5 the Chinese firm planned to restart production on Feb. 17.

- Daimler said on Feb. 3 it plans to resume passenger car production in Beijing on Feb. 10.

- Fiat Chrysler 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 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.

- General Motors said on Feb. 10 it plans to restart production in China on Feb. 15.

- Honda said on Feb. 7 it would restart its three plants in Wuhan, which it operates with Dongfeng Motor Group, on Feb. 13. Honda said there were no supply chain issues that would impede production.

- Hyundai Motor and sister firm Kia Motors will gradually increase production in South Korea from Feb. 11, the companies said in a statement on Feb. 10.

- Nissan Motor 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, 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 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 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 factory in Shanghai will resume production on Feb. 10 with assistance to cope with the outbreak, a Shanghai government official said on Feb. 8.

- Toyota Motor 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 said on Jan. 31 its three sites in Wuhan will remain shut until at least Feb. 13.

- Volkswagen said on Feb. 8 that it has postponed restarting production at most plants at its Chinese JV with SAIC Motor 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)

Stocks mentioned in the article
ChangeLast1st jan.
BMW AG -5.79% 44.385 Delayed Quote.-39.32%
BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LIMITED 2.74% 6.38 End-of-day quote.2.08%
CHONGQING CHANGAN AUTOMOBILE COMPANY LIMITED -1.03% 10.58 End-of-day quote.-1.95%
DAIMLER AG -7.25% 25.525 Delayed Quote.-48.30%
DONGFENG MOTOR GROUP COMPANY LIMITED 1.79% 5.11 End-of-day quote.-0.78%
FIAT CHRYSLER AUTOMOBILES -3.79% 6.323 Delayed Quote.-50.19%
FORD MOTOR COMPANY -8.90% 4.4 Delayed Quote.-52.69%
GENERAL MOTORS COMPANY -7.31% 19.26 Delayed Quote.-47.38%
HONDA MOTOR CO., LTD. -4.37% 2430 End-of-day quote.-4.61%
HYUNDAI MOTOR COMPANY 3.86% 88700 End-of-day quote.1.14%
KIA MOTORS CORPORATION 4.21% 26000 End-of-day quote.2.16%
MARUTI SUZUKI INDIA LIMITED -0.93% 4288.3 End-of-day quote.-3.63%
NISSAN MOTOR CO., LTD. -7.35% 356.6 End-of-day quote.-6.16%
PEUGEOT -6.49% 11.375 Real-time Quote.-46.60%
RENAULT -7.88% 16.312 Real-time Quote.-61.33%
SAIC MOTOR CORPORATION LIMITED -2.75% 20.5 End-of-day quote.-2.98%
SUZUKI CO.,LTD. -0.29% 692 End-of-day quote.-0.29%
SUZUKI MOTOR CORPORATION -7.70% 2584.5 End-of-day quote.-6.43%
TESLA, INC. -8.10% 481.56 Delayed Quote.15.11%
TOYOTA INDUSTRIES CORPORATION -3.54% 5180 End-of-day quote.-3.90%
TOYOTA MOTOR CORPORATION -4.35% 6501 End-of-day quote.-4.06%
VALEO -7.21% 14.15 Real-time Quote.-54.95%
VOLKSWAGEN AG -7.34% 99 Delayed Quote.-43.83%
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