February 11, 2020 Carmakers, including VW and Toyota, announce further extensions to plant closures in China because of travel restrictions, quarantine measures controlling employees, and supply chain disruption
February 14, 2020 First coronavirus death announced in Europe. FCA halts production at Kragujevac plant in Serbia because of a shortage of components supplied from China. Further extensions to shutdowns in Hubei Province though production in other areas begins to start up
February 26, 2020 First case of coronavirus in Brazil
February 29, 2020 First coronavirus death announced in US
March 4, 2020 Production in China continues to come back online but the shortage of airfreight capacity affects rates. Supply out of Japan disrupted and quarantining in Italy begins to affect European supply chain
March 18, 2020 Plant closures spread across Europe affecting all major carmaking groups. US-based carmakers, including FCA, Ford, GM, Honda, Nissan and Toyota, announce plant closures across the country
The disruption to the global automotive supply chain caused by the coronavirus pandemic is being exacerbated by uncertainty fed by a lack of accurate information. At last week’s Automotive Supply Chain update webinar, presented by Ultima Media’s business intelligence unit, analysts tried to provide some clarity on the current situation and what lay ahead for the industry
2020-03-27T15:14:00+00:00By Automotive from Ultima Media
Presented by Automotive from Ultima Media, hear from our analysts as they share insight on how the coronavirus crisis will impact global vehicle sales and what it will mean for automotive manufacturing and logistics.
2020-03-26T10:27:00+00:00By Automotive from Ultima Media
Download our full report and analysis on the devastating impact of the coronavirus crisis on global vehicle demand across major regions. Our forecast includes assessments according to best case, base case and worst case scenarios across North America, Europe, China, Japan, South America, Asia Pacific, the Middle East and Africa.
With the coronavirus pandemic causing a level of automotive plant shutdowns not seen since the second world war, suppliers and logistics providers will face failures without direct support from government, and close collaboration with OEMs and industry.
Automotive plants in Russia are reported to be running out of components as supply shortages caused by the coronavirus continue out of China and South Korea, and disruption spreads across Europe. At the same time the Russian ruble has hit a four-year low against the US dollar, which is taking its toll on production costs
The sharp increase in the number of coronavirus cases in Italy has led the government to extend strict quarantine measures to the whole country. The restrictions are the toughest outside of China and affect 60m people. Health and safety measures being taken by OEMs are now affecting production with FCA announcing temporary closures as it puts in measures to minimise the risk of contagion. The situation is changing rapidly and automotive companies across Italy are reviewing production, supply and logistics contingencies on a daily basis.
To all of our automotive audiences, customers and partners globally, the Automotive Logistics team is keen to let you know that we are mindful of the effect that the coronavirus (Covid-19) is having on businesses and individuals, as well as families and friends.
While European vehicle makers appear resilient in the face of supply chain disruption caused by the coronavirus, there are a number of factors coming into play that could see production affected over the coming weeks.
Fiat Chrysler Automobiles (FCA) has confirmed that it has had to halt production at its Kragujevac plant in Serbia because of a shortage of unnamed components supplied from China, which are thought to be electrical…
Continued disruption to the automotive supply chain caused by the coronavirus outbreak in China is leading many OEMs, including VW, Toyota, BMW and FCA, to extend plant closures by two weeks beyond the average ten days allocated for closure over the Chinese New Year holiday…
The outbreak of the coronavirus respiratory disease in China has led to carmakers extending the closure of their plants beyond the Chinese new year and (currently) into the second week of February, something that is going to hit first quarter output and revenue…
Coronovirus and its sudden impact on the Chinese economy might be occupying the news headlines, but there are broader changes afoot over the longer term. After many years of enjoying high-speed growth, the automotive industry is facing its third consecutive year of shrinking vehicle sales in China. For foreign vehicle-makers operating in the country, this is a challenging situation, and while most will be planning to tough it out, some could be forced to exit the market – requiring a shift in patterns of production and logistics.
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