Global vehicle manufacturing industry outlook
With many workers stay quarantined at house and supply traces affected, many factories are struggling to reopen or regain full capability. Hubei recently announced it might prolong the shutdown of non-important businesses until 11 March. In addition, China’s annual auto present in Beijing, originally scheduled for 21 April, has been postponed, among many other events that have been cancelled or delayed in response to the outbreak. As a consequence of the crisis, greater than 1.1 mio car manufacturer workers are on temporary leave, with a large number of colleagues affected in the supply chain as well as dealerships. The lack …