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Weekly Roundups

Companies Adapting to COVID-19 Contingency

By Alejandro Enríquez | Fri, 04/03/2020 - 12:54

Companies are starting to adapt to the COVID-19 situation. Uber will offer compensation to partner drivers put into quarantine, while GM will offer home deliveries and pick-ups for car maintenance. Toyota also announced a three-month extension for customers’ credits.

Meanwhile, COVID-19 effects are starting to be felt as new-vehicle sales decrease a 16.11 percent compared to February. J.D. Power forecasts a 24-percent sales drop in 2020 due to the situation. Notably, Kia finally announced an operations suspension after a government request to do so.

Ready to hit the ground? Here is your weekly news roundup!

COVID-19’s Effects on Sales

Consumer-centered Strategies Amid COVID-19

OEMs Extend Suspension

  • Volkswagen ceased operations in Puebla and Guanajuato until April 30.
  • Ford’s plants are shut down in North America until further notice.
  • Honda will restart operations until April 14 in Mexico.
  • Kia suspends operations due to a federal government request.

Electrification Carries on

 

The data used in this article was sourced from:  
El Economista, El Financiero, INEGI
Photo by:  
Volkswagen
Alejandro Enríquez Alejandro Enríquez Journalist and Industry Analyst

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