Damage to the European car industry from the coronavirus pandemic is piling up, after sales plunged in France and Spain and a major parts supplier scrapped its outlook.

Isuzu Motors (Thailand) Co Ltd is suspending manufacturing operations at its plant in Thailand as the current Covid-19 situation had affected the component supply chain across the globe and shrunk domestic and the export markets.

HÀ NỘI — Toyota Motor Vietnam (TMV) suspended vehicle production on Monday. Production resumption will depend on the outbreak situation, market demand, supply chain situation, stocks and the Government’s restriction regulations.

Toyota Motor (Thailand) announced it is halting car production at three factories from April 7-17 corresponding to both domestic and international sales that have been affected by the Covid-19 crisis.

Daimler is in talks with banks over arranging a new credit facility of at least 10 billion euros ($11 billion) to help it navigate the fallout from the coronavirus pandemic, according to people familiar with the matter.