Global OEMs suspend production, warn of financial impact of Covid-19

STUTTGART, Germany – Daimler Group has announced it is taking the extraordinary step of suspending the majority of its production in Europe for an initial period of two weeks. The suspension applies to Daimler’s car, van and commercial vehicle plants in Europe, beginning this week, and is in response to the global Covid-19 pandemic. “With … Continue reading Global OEMs suspend production, warn of financial impact of Covid-19