Coronavirus affects the manufacture and import of cars…

The first consequences of the coronavirus epidemic begin to be seen, which has forced the closure of numerous of the production plants installed in China and in which one of every three vehicles sold in the world are assembled.
The car brands established there produce 1.6 million cars for year, 6% of the industrial production of the Asian country. As a method of prevention, his government has closed the city which has implied the dry stop of the activity in its production plants. Renault, Honda, Hyundai and Toyota have suspended their production in China.
The Chinese manufacturing industry is crucial for automobile production chains. Any delay or interruption in the manufacture of a component can cause blockages and shutdowns of factories.
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