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COVID-19: Will consumers in China shop after viral epidemic?

  • Date: 13-03-20
  • Category: COVID-19
  • Source: Auto News

SHANGHAI – For nearly two months now, China residents have confined themselves to homes or workplaces for fear of catching the coronavirus.

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PGM PRODUCERS: Modikwa JV to continue delivering metal to Amplats plant despite shutdown

JSE-listed African Rainbow Minerals (ARM) on Thursday confirmed it was engaging with fellow-listed Anglo American Platinum’s (Amplats’) Rustenburg Platinum Mines (RPM) subsidiary to mitigate the negative impact on cash flow owing to possible payment delays.

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SOUTH AFRICA: Implats boss describes AMCU’s under-fire Mathunjwa “extraordinary business partner”

IMPALA Platinum (Implats) CEO, Nico Muller, was the latest platinum group metal (PGM) executive to strike a conciliatory note in respect of Joseph Mathunjwa, president of the Association of Mineworkers & Construction Union (AMCU) which has long duelled with gold and PGM companies on wages and working conditions.

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AUTO PRODUCTION: VW does not expect China slowdown to disrupt its global supply chain

FRANKFURT - Volkswagen Group does not expect supply bottlenecks from China to disrupt the its global production network, a senior China manager at the automaker told Reuters on Thursday.

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AUTO SALES: China Car Market Probably Reached Bottom Last Month, Group Says

  • Date: 12-03-20
  • Category: AUTO SALES
  • Source: Bloomberg

Industry to return to ‘normal level’ in third quarter: CAAM. Group calls for policies to support industry hit by virus.

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AUTO PRODUCTION: FCA, Italy's top dealer enact temporary closures under virus pressure

Fiat Chrysler Automobiles said Wednesday it will start implementing temporary closures at some of its Italian plants, and Italy's largest dealer group said it will shut its doors until April 3 to help combat Europe's worst outbreak of the coronavirus.

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ELECTRIC VEHICLES: Work starts on 'electric petrol station' in Essex

Work has started on an electric vehicle charging forecourt that will be able to charge 24 cars at once.

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AUTO SALES: Morgan Stanley Slashes U.S. Auto Sales View Over Virus ‘Shock’

  • Date: 11-03-20
  • Category: AUTO SALES
  • Source: Bloomberg

Morgan Stanley’s auto analyst sliced his estimate for U.S. sales this year, predicting a “demand shock” from consumers delaying big-ticket purchases because of the coronavirus.

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