China auto sector braces, hopes coronavirus impact is short-lived - Motorgen - Automotive Events, Meets, Cruises and Forums

RSS Reader · 01-31-2020, 04:34 PM

SHANGHAI/BEIJING (Reuters) - The new coronavirus epidemic is likely to wreak havoc on China auto sales and production in the first quarter, but it is too early to push panic buttons as ground could be made up later in the year, industry executives said. Dongfeng Motor Group and its partners Honda Motor, Renault and PSA all have factories there. "We expect (China) vehicle production to decline 3% for the full year, with production down 15% in the first quarter, including the extended new year sContinue reading China auto sector braces, hopes coronavirus impact is short-lived
China auto sector braces, hopes coronavirus impact is short-lived originally appeared on Autoblog on Fri, 31 Jan 2020 15:08:00 EST. Please see our terms for use of feeds.

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