SOUTHEAST ASIA REPORT: Spread of COVID-19 Shuts Down Automobile Plants
Due to the spread of COVID-19, Japanese automobile OEMs have stopped production in Indonesia. Isuzu stopped operating its plants April 1, and Honda and Suzuki stopped April 13.
Due to the spread of COVID-19, Japanese automobile OEMs have stopped production in Indonesia. Isuzu stopped operating its plants April 1, and Honda and Suzuki stopped April 13.
Many automakers who suspended work March 30 in Russian, as ordered by the government to the reduce spread of the COVID-19 resumed work April 6. The firms including KAMAZ, AutoVAZ, GAZ Group, Mazda Sollers.
However, 98% of office personnel are working remotely. Started working YAMZ, Yaroslavl plant of diesel apparatus and some production lines of Likino bus plant. Procurement production of GAZ plant in Nizhny Novgorod is also working. Schedule of main production lines will be determined within a week depending on situation on suppliers’ plants. Read The Article
The Southeast Asian auto industry continues to suffer from the effects of the new coronavirus. New car sales in April were down 80% year-on-year due to restrictions on activity in each country. New car sales in the six major countries were down 82% in April from a year earlier to 51,063 units.
The biggest declines were in Malaysia and the Philippines, where sales were down 99.7% and 99.5%. Both countries began restricting activity in March, with production and sales of cars almost completely halted in April. Indonesia, the largest market, was down 91%. Thailand sales slumped 65%, although car dealerships operated under a declared state of emergency.
Engines powered by gasoline and diesel fuel are reaching a critical point in production compared to electric and hybrid vehicles, according to reports in the April issue of Alternative Power Report. 2026 could be a critical year. Read about this trend and related articles that address alternative power in this issue.
New car sales plummeted by 102,000 vehicles in April, the largest monthly car sales decline in history in Russian, according to the Association of European Business.
During April, Russia introduced strict quarantine measures because of the coronavirus, causing car sales to fall by 102,089 units, or 72.4%.
After strong sales in March, dealers have had to suspend or restrict their activity.
“Black April” has dealt a strong blow to dealer cash liquidity, and seriously affected stability during middle-term period. The dealers are preparing to restart their business in May; however, they don’t expect significant sales growth.
AutoVAZ , the largest Russian car manufacturer, reported sales declined by three times in April over March.
Significant activities at Power Systems Research (PSR) lead the news report in the April issue of the PowerTALK report.
First, Joe Zirnhelt has been named President and Chief Executive Officer of the company, effective immediately. He had been serving as Chief Operating Officer. Zirnhelt replaces Dennis Huibregtse as CEO.
Top Stories in April 2019 PowerTALK
The April 2023 issue of PowerTALK News features the Q1 2023 Truck Production Index. The report shows that the 2022 Index climbed 2.9%, but declined in Q1 2023. The report also has articles on Alternative Power and the global forecast for personal watercraft.
COVID-19 is the most important issue facing our industry globally in decades, and many of the articles in the April issue of PowerTALK News address the impact of this virus on production. Read about the industry’s reaction to coronavirus around the world in this issue. Be certain to review the video and the presentation slides from the PSR Webinar presented April 15, 2020.
Download your copy of the presentation here. See the webinar video.
The Power Systems Research Truck Production Index (PSR-TPI ) dropped 42.5% for the three-month period ended March 31, 2021, declining from 186 to 107, from Q4 2020. The year-over-year (Q1 2020 to Q1 2021) improvement for the PSR-TPI was 15%, in which it climbed from 93 to 107.
While the decline in commercial vehicle demand in China will lower global vehicle demand this year, improved demand is expected in all other regions, according to the April issue of PowerTALK™ News. The PSR-TPI measures truck production globally and across six regions: North America, China, Europe, South America, Japan & Korea and Emerging Markets.
Here are more articles in this issue of PowerTALK™ News:
Power Systems Research April 21, 2021, produced a one-hour webinar with the Heavy Duty Manufacturers Association (HDMA) discussing current and future supply chain concerns, especially as they affect Medium and Heavy Commercial Vehicles.
The presenters included: