China’s carmakers halt production amid coronavirus outbreak, may disrupt supply chain
China’s carmakers halt production amid coronavirus outbreak, may disrupt supply chain

China’s carmakers halt production amid coronavirus outbreak, may disrupt supply chain

 

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Automobile manufacturers in China are forced to shut down factories due to the coronavirus outbreak, which could further drag down car output and sales and add to pressure faced by the shrinking car market. Analysts say the shutdown is likely to disrupt the global supply chain.

Manufacturing hubs including Guangdong, Henan and Zhejiang provinces, as well as Shanghai, have extended the holiday by one week to Feb. 10, while Hubei province, the epicenter of the outbreak and home to the manufacturing units of some automakers, is facing an indefinite shutdown.

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