CAR researchers are keeping a close eye on the coronavirus outbreak (officially known as 2019-nCoV)—especially as it may impact the auto industry in China and global supply chains. Many automakers and suppliers are suspending production following the Lunar New Year holiday, and some automakers and suppliers have issued profitability and output guidance that the spread of the virus will impact their company’s Q1 2020 projections. Here are a few resources to keep you informed on the automotive impact of the virus:
- CNN: The coronavirus crisis could shut auto plants around the world
- The Global Times: Carmakers impaired by sudden supply disruption caused by coronavirus
- Automotive News Europe: FCA says China disruptions could threaten Europe production
- CNBC: Coronavirus adds to ‘dangerous days’ for Detroit automakers in China
- Nikkei Asian Review: Indian automakers face parts shortage as China epidemic hits supply chain
- Reuters: China car dealers seek help as coronavirus slows showroom traffic
- Reuters: Coronavirus could shrink China auto market by 3%-5% in 2020: LMC Automotive
- IHS Markit has an update on the Coronavirus Impact on Automotive Industry, as well as a webinar.
- The New York Times has a coronavirus live update feature.
- Automotive News: Industry Confronts Virus Fears in China
- Automotive News Europe: Automakers, suppliers scale back, issue profit warnings as coronavirus spreads.
- Bloomberg: The Coronavirus Is Infecting the Global Economy. Here’s How.
- Detroit News: Coronavirus deepens challenges for Detroit Three in China.
- Nikkei Asian Review: Wuhan shutdown knocks ‘world’s factory’ off-kilter as death toll rises: Prolonged business closure casts stifles auto and high-tech industries. The story includes a list of major companies in Hubei Province.
- Wall Street Journal: Virus Outbreak Confronts Global Automakers in China.
- The U.S. Centers for Disease Control has an information page on 2019-nCoV.
If you are concerned about reported cases in the United States, the CDC page (referenced above) and your county health department are useful resources or what you can do to protect workers in your U.S. facilities.
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