How was the global economy during the epidemic? Auto production fell 40 percent!

Currently the major car companies have released capacity planning estimates, by 2020, China's new energy vehicle production capacity or will reach 5 million, far more than the automotive industry in the medium- and long-term development plan, the 2020 production and sales of 2 million units of the target, the domestic production and sales of automobiles in February this year a sharp decline in automobile production and sales, respectively, the completion of the automobile production and sales of 285,000 and 310,000, respectively, year-on-year decline of 79.8% and 79.1%.

Global automobile manufacturing industry affected by the epidemic

According to the Japan Economic News forecast, global automobile production in 2020 compared to the same period fell nearly 40%, the new coronavirus pneumonia epidemic affects the global automobile manufacturing industry automobile industry as a result of the impact of the new coronavirus pneumonia epidemic, Italy, France, the United States and other automobile market production and sales are at a standstill at present BMW Motors, Volkswagen, Ford, Toyota and other automobile manufacturers in the United States have been shut down to stop production, from its inception has been more than a hundred years of history, not long ago the city of Gunsan, General Motors announced that a number of its subsidiaries are all closed down to stop production, the plant is also all shut down.

Large number of car companies shut down

Large number of car companies shut down, production stoppage caused the U.S. auto industry into stagnation, according to relevant reports, the U.S. market is basically no car sales, the outbreak of the new coronavirus pneumonia outbreak may lead to the U.S. by the end of July the scale of auto sales shrinkage of 1.8 million to 2.8 million, the U.S. market is expected to be adjusted downward from the annual sales volume of 16 million units to 14 million units, factories face a shutdown shutdown phase, affected by the new coronavirus pneumonia outbreak French psa group also suspended production in Europe, fca and psa merger plan has also been affected, psa recently said, although the new coronavirus pneumonia outbreak so that cooperation between the two sides of the market value of both sides have shrunk significantly, but the psa and fca are still committed to the merger work.

Multiple automobile processing plants to manufacture respirators

In addition, due to the spread of the new coronavirus pneumonia epidemic overseas automobile manufacturers have followed the example of the domestic production of medical equipment, at present, General Motors, Ford, Tesla, Fiat Chrysler, Mercedes-Benz, Honda, Toyota and a number of other multinational automobile enterprises have begun the production of respirators or accessories preparatory work, in order to win the war against the epidemic, as soon as possible Early resumption of automobile production, the domestic promulgated the auto market stimulus policy, March 31, the State Council executive meeting was held and promulgated three major initiatives to stimulate consumption of China's automobile market, although the domestic various automobile production enterprises resumption of work and resumption of production is accelerating the pace of the automobile market, the first quarter of this year, the prospects of China's automobile consumer market is not optimistic.

Chinese car companies have now started 97 percent

Data from the Ministry of Industry and Information Technology (MIIT) shows that China's auto production enterprises have now reached 97 percent of the overall start-up rate, Xin Guobin, vice minister of the MIIT, said on March 30, the staff resumption of work rate increased from about 50% to 82%, the overall production rate has been comparable to the level of the same period last year, due to the lack of demand in the market, the domestic automobile market production and sales Still facing many difficulties, in February this year, domestic car sales are down more than 79%, is expected in the first half of this year, domestic car sales will decline by about 10%, the auto market decline is so obvious, each local government for the provinces and cities market introduced a car related stimulus policies, since February this year, at least more than 10 cities enacted to stimulate the growth of the auto market policy, with some areas of the automobile With the relaxation of purchase restrictions in some areas, the Ministry of Industry and Information Technology will also be further adjusted to the new energy industry policy.

In 2020, the province completed the elimination of the work task, the domestic auto market in the new coronavirus pneumonia epidemic is under control ushered in a period of recovery, a number of automotive market stimulus policies to further provide support for the restoration of the automotive industry, with the introduction of new energy, second-hand car and other policies, automobile production enterprises to resume work to restore the production rate to improve the decline in automotive production and sales will be under control.

This article comes from the author of the automobile home car family number, does not represent the views of the automobile home position.