Renault had 10.3 billion euros of liquidity reserves at end March, 5.5 billion euros less than at the end of 2019.
Read MoreHyundai shares rose 0.4% after the results, underperforming an 1.1% climb for the wider market.
Read MoreBased upon assumption of more localization of automotive component manufacturing post Corona, ACMA feels this will be the right time for the industry to get its act together.
Read MoreEnvironmental groups have also questioned the independence and accuracy of the industry studies.
Read MoreFerrari's plants remain shut along with other businesses in Italy deemed non-essential.
Read MorePSA expects the auto sector to fall by 25% in Europe and Latin America this year, by 20% in Russia, and by 10% in China.
Read MoreRudratej Singh joined BMW in August 2019 after a three-year stint at Royal Enfield. He died of a cardiac arrest at his home
Read MoreVolvo said in a statement it will acquire 50% in the joint venture for the sum of approximately 600 million euros ($650.34 million) on a cash and debt free basis.
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