The spread of the epidemic in novel coronavirus has caused more than 5 cities to be closed, which has severely damaged the production order of the automobile manufacturing industry, including the inability of workers to return to work smoothly and the interruption of the supply chain of auto parts. Many foreign-funded automobile companies have announced a temporary suspension of work, while Reuters quoted the financial institution Standard & Poor's (Standard? & ? Poor's) analysis, the car company that was hit hardest by the coronavirus epidemic was actually audi ag. ? Mainly because nearly 4% of cars in audi ag are produced and sold in China. Although the main factory of the Group in China is outside Wuhan, Hubei Province, according to the analysis report released by Standard & Poor's on Wednesday, due to the fight against the virus epidemic, the implementation of restrictions on people going out may cause the factory to close for a long time. ?
According to the S&P analyst's report, Volkswagen's joint venture in China has to pay a dividend of about 3 billion euros (about 23 billion yuan) to the German parent company every year. However, this virus epidemic caused Standard & Poor's to lower its expectation for the recovery of China's auto market. Originally, industry analysts predicted that China's auto market would decline last year and should increase by 1% to 2% in 22. ? Standard & Poor's also said that Nissan Motor Co., Ltd. is a car company with a relatively high risk index under this epidemic, because of its production base in Wu Hanyou and its poor sales performance in China market in recent years. And Honda is also the first brand, because Honda also has a production base in Wuhan, and 3% of Honda's global sales and production capacity are dependent on China. ?
Standard & Poor's also revealed another major risk, that is, the supply chain of auto parts will also be affected, which will indirectly affect the global auto industry. For example, BOSCH Bosch, the world's largest supplier of auto parts, has a considerable proportion of production in China and is expected to be hit hard. BOSCH said earlier this week that most BOSCH factories intend to gradually resume production in the next few days. ? Valeo, another global supplier of auto parts, will extend the closing time of its factory in Wuhan to at least February 13th. Valeo has three branches in Wu Hanyou with 1,9 employees. ?
the impact of the epidemic has forced many car companies to stop working because of the imbalance and shortage of spare parts, such as? Hyundai Motor closed the production line of its factory in Korea the day before yesterday because of the shortage of wiring harness parts produced by spare parts suppliers. Tesla also said last week that due to the suspension of production in the factory, the Model produced in Shanghai? The delivery of electric vehicles will be delayed by 1 week to 1.5 weeks, which will slightly affect the profit in March.
car companies that have stopped working before are expected to resume work gradually from next week, such as BMW Brilliance, which plans to restart car production on February 17th. And? Ford plans to cooperate with the joint venture Chongqing? Changan? The automobile factories in Chongqing and Hangzhou resumed production on February 1th. The closure period of Honda's three factories in Wuhan was extended to February 13th. Nissan is considering some time after February 1, with? Dongfeng? The automobile company restarted production. ? Hubei? The factory is scheduled to start production after February 14. ?
This article comes from the author of Chejia, car home, and does not represent car home's standpoint.