A China Automobile Dealer’s Association poll shows that dealers predict a drastic drop in sales of 50% to 80% this month, compared to February 2019. 70% of dealers have said they have seen “almost no customers” since the end of January. As China remains on lockdown due to the coronavirus, some Chinese cities are beginning … More China Begins To Subsidize Auto Purchases To Revive Collapsing Sales
Author: Gary Evans Our analysis of the impact of the Coronavirus is a work in progress and nobody knows the endgame. It is still the early days of the epidemic, and its dynamics will take time to understand. The scale of the impact will depend on how contagious and lethal it reveals itself. There is … More The Global Supply & Demand Shock Of The Coronavirus
China's share of global consumption today, relative to its level when SARS hit (via BCA Research) pic.twitter.com/3XR3szxhSq — Mike Bird (@Birdyword) January 30, 2020
A 30-meter long auto-production line of a company in Wuhan of Central China’s Hubei province has adopted the #5G technologies, the first time in China, which provided smoother data transition to the machines in the process to improve the efficiency. #tech pic.twitter.com/A5xM1rSBIZ — China Daily (@ChinaDaily) April 16, 2019 The first cases of the pneumonia-like … More China’s Auto Sector Hit By Coronavirus