Factbox: Carmakers close Chinese factories because of coronavirus
(Reuters) - Automakers and parts suppliers have shut factories in China, in line with government guidelines, or have flagged a hit to profits following the coronavirus outbreak.
Below is a list of announcements by car companies, in alphabetical order.
* BMW said production at its plant in Shenyang will resumeon Feb. 17. * Daimler said it plans to resume passenger car productionin Beijing on Feb. 10. * Fiat Chrysler warned on Thursday that disruption to partssupplies could threaten production at one of its European plantswithin two to four weeks. * Ford Motor plans to resume production on Feb. 10 at itsfactories in Chongqing and Hangzhou with joint venture partnerChongqing Changan Automobile. Ford this week excluded anypotential impact from its already weaker-than-expected forecastfor the year, saying it was too early to make an estimate. * Honda confirmed on Friday it would restart its threeplants in Wuhan, which it operates with Dongfeng Motor Group, onFeb. 13. Honda, which raised its annual profit forecast onFriday, said there were currently no supply chain issues thatwould impede production. * Hyundai Motor said this week it would suspend productionin South Korea due to the outbreak disrupting its supply chain,the first major automaker to do so outside China. Most ofHyundai's South Korean plants will be shut from Feb. 7, withsome production lines expected to restart on Feb. 11 or Feb. 12,a union official said. * Nissan Motor said it is considering restarting productionin China at its venture with Dongfeng sometime after Feb. 10.Production in Hubei will start sometime after Feb. 14, it said. * PSA Peugeot Citroen, which is in the process of mergingwith Fiat, said last week its three plants in Wuhan will remainclosed until Feb. 14. * Suzuki Motor Corp said on Friday it was consideringsourcing vehicle components from outside China because theoutbreak is threatening to disrupt vehicle production in itsbiggest market, India. * Tesla said last week that a delay to an increase inproduction in Shanghai due to a factory closure would hitprofitability slightly. On Wednesday, a senior executive saidTesla would delay deliveries of Model 3 sedans built in thatplant. The company is also evaluating whether the supply chainfor cars built in its Fremont, California, plant will beaffected. * Toyota Motor on Friday extended the shutdown of its Chinafactories from Feb. 9 to Feb 16. The Japanese automaker operates12 car and parts factories in regions such as the northern cityof Tianjin and the southern province of Guangdong. * Valeo, a French car parts maker, said last week its threesites in Wuhan will remain shut until at least Feb. 13. OnWednesday, it said it was not experiencing any major disruptionto its supply chain in China. * Volkswagen has postponed restarting production at mostChina plants in its joint venture with SAIC Motor and theTianjin plant in its JV with FAW Group until Feb. 17. One plantVolkswagen operates with SAIC in Shanghai and most of the plantsin the FAW JV will restart on Feb. 10. The German carmaker saidit was facing supply chain challenges as China returns to workafter the extended Lunar New Year holiday, as well as limitedtravel options for its employees.
(Compiled by Sayantani Ghosh in Singapore; Editing by Raju Gopalakrishnan and David Clarke)
