Already in severe slowdown, COVID-19 outbreak and lockdown will further impact the domestic car, two-wheeler and commercial vehicle business
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Kia has suspended production at its Georgia plant in the United States, its Slovakia site and operations in India due to the coronavirus pandemic.
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Ford and GE Healthcare will expand the production of GE's ventilator design to support patients with respiratory failure or difficulty breathing caused by the pathogen.
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Hero Motor Company's international subsidiaries are undertaking a similar exercise in Britain and Germany where they have a significant presence.
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In less than 18 months since launch, Volvo Car India has brought the 2020 Volvo XC40 in India in the R-Design variant, with a host of updates while carrying the same price tag as earlier
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Fiat Chrysler and luxury carmaker Ferrari are also in talks with the nation's biggest ventilator manufacturer to help it boost production of the life-saving machines.
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Ford moved to hoard cash, drawing down $15.4 billion from two credit lines and suspending its dividend. It has also abandoned its 2020 financial forecast.
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Indian carmaker Tata Motors Ltd said on Friday it was rapidly scaling down activity at its car factory in Maharashtra and was preparing to close it if concerns about coronavirus deepen.
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