DETROIT — General Motors Co. and Ford Motor Co. have widely touted their commitment to emission-free electric vehicles, but their production plans show a growing reliance on ever-larger gas-powered vehicles. The two biggest U.S. automakers will make more than 5 million SUVs and pickup trucks in 2026, but only about 320,000 electric vehicles, according to detailed production plans for North America seen by Reuters.
U.S. set to grant automakers a lifeline, but no bailout
WASHINGTON/DETROIT — The $2 trillion economic rescue package before the U.S. Senate would send the federal government to the auto industry’s rescue for the second time in a dozen years. Automakers are fearful of being tagged as seeking a new government bailout so soon after the 2009 government-funded auto restructurings. Detroit has not sought industry-specific assistance and instead made the case the entire economy needs urgent access to liquidity.
Quebec dealerships might pivot to online sales amid COVID-19 crisis
With Quebec taking an ever more aggressive approach to the coronavirus crisis, the province announced March 23 all non-essential businesses are to be closed until at least April 13.
Now made in Mexico: Japan auto suppliers shift China production after coronavirus – Reuters
TOKYO, March 16 (Reuters) – In the Chinese coastal province of Jiangsu, where supply chains have been shattered by the coronavirus outbreak, one auto supplier has already shifted production of parts for Mazda Motor Corp 13,000 kilometres away to central Mexico’s Guanajuato State.
The impact of Coronavirus (COVID-19) on the automotive industry
The outbreak of the Novel Coronavirus (COVID-19), which originated in Wuhan, China in end-December 2019, is fast spreading its tentacles across the world and is having a major impact on all aspects of society, including the automotive industry. All through January and February, automakers and their suppliers have been scrambling to keep vehicle assembly lines humming but March has seen the industry take concerted action, in sync with government advisories, to keep its personnel safe.
Yokohama Tire wants drivers to welcome spring with up to $70 rebate on select tires
Langley, BC (March 16, 2020) Yokohama Tire (Canada) Inc. is making it more attractive to drive into Spring, with rebates of up to $70 on a set of four performance, all-season or light truck tires.
“We want to reward Canadians for making the switch to winter tires by welcoming them to Spring with rebates on our ADVAN, AVID AND GEOLANDAR lines, as well as the PARADA SPEC-X,” said Diana Colosimo, Brand Development Manager for Yokohama Tire (Canada) Inc. “Once the temperature is consistently up above 7 Celsius, it’s time to put away the winter skis, coats and tires and start enjoying the benefits of all-season tires. Switching to all-season tires provides extended tire wear, a serene ride and improved fuel economy, and we’re making it more attractive to choose Yokohama for warm-weather driving with the 2020 Yokohama Spring Rebate.”
Topping the list of incentives is a chance for buyers to win back the purchase price of their new tires in addition to their rebate claim of $70 (for a set of four tires). Customers are asked to claim their Yokohama VISA prepaid cards at yokohamarebate.ca and will then be automatically entered into the contest to win the purchase price of their set (up to $850).
Now through May 31, 2020, customers can receive $70 rebates on high-performance tires (ADVAN APEX, ADVAN SPORT A/S+, ADVAN FLEVA, ADVAN NEOVA AD08R, ADVAN SPORT V105, ADVAN SPORT V105 ZPS), all-season tires (AVID ASCEND GT, AVID ASCEND LX, AVID ASCEND, PARADA SPEC-X) and light-truck tires (GEOLANDAR G055, GEOLANDAR H/T G056, GEOLANDAR X-CV, GEOLANDAR A/T G015, GEOLANDAR X-AT, GEOLANDAR M/T G003, GEOLANDAR X-MT G005).
As well, buyers will be eligible for a $50 rebate on a set of four AVID TOURING S all-season touring tires.
For more information on the Yokohama Consumer Rebate program, visit yokohamarebate.ca.
About Yokohama Tire (Canada) Inc.
Yokohama Tire (Canada) Inc. markets and distributes a full line of tires for high performance, passenger car, light truck, and commercial truck applications, as well as off-the-road tires for mining, forestry and construction applications. It maintains distribution centers across Canada to serve more than 1,000 independent tire dealers and well over 3,000 retail locations. yokohama.ca/.
As plants in Wuhan reopen, world’s automakers worry about disruptions
BEIJING — Automakers across the world face the possibility of extended supply chain disruptions as factories in China stutter back to life after closures due to the coronavirus outbreak. The car industry is especially exposed as Wuhan — the epicenter of the outbreak — is known as one of China’s ‘Detroits’, accounting for nearly 10 percent of vehicles made in the country and home to hundreds of parts suppliers.
The Canadian Tire Sector: Market Landscape and Opportunity Assessment, 2014-2024
Dublin, Feb. 24, 2020 (GLOBE NEWSWIRE) — The Canadian tire market stood at $ 4.9 billion in 2018 and is projected to grow at a CAGR of around 4.9% during 2019-2024 to reach $ 6.4 billion by 2024, on the back of increasing industrialization and growing penetration of online sales channels across the country. The tire market in Canada relies on tire imports from several countries. Moreover, the demand …
Tire Cologne to highlight sustainability, future mobility
Organisers of The Tire Cologne 2020 international trade fair for the tire industry have issued a new update highlighting the new-mobility and sustainability themes of the event taking place 9-12 June at KoelnMesse, Cologne, Germany:
Cologne, Germany – The Tire Cologne event will open its doors for the second time in around three months.
China tire maker reports on impact of Coronavirus outbreak
Beijing – A major Chinese tire manufacturer has updated ERJ about the impact of the Coronavirus outbreak on the company’s operations in the country.
A handful of overseas clients have already shifted their orders from tire makers in China to those based in southeast Asia and Europe, according to a senior executive at Huasheng Rubber.