IHS Markit Expect that the automobile production in the United States and Europe will be Reduced by Up to millions of units – All pages


GridOto.com – The outbreak of the Corona virus is a serious impact in the automotive industry.

It is because a lot of the car plant will stop the production for a while.

Gridoto.com quoted from Reuters.com, Corona virus to make the vehicle production in Europe, North America and Latin America were reduced.

A leading provider of global information, information Handling Services (IHS) – the Markit London-based figures estimate a reduction of the contact, around 1.44 million units.

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Automobile manufacturers around the world, announced the temporary closure of the factory during the method of wastewater disposal at the plant.

Of time, while it is to be feared, will have an impact on the income of the company.

IHS, Markit reported the temporary closure, which was recorded, 13 days lasted the production of the car will cut the mobile industry in Europe, more than 880 thousand units.

For the work in North America, production will be reduced to about 478 thousand units by the average closing price during the six working days.

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Then, while in Brazil and Argentina are assumed to be between 8-15 days production trim in the automotive industry, about 80 thousand units.

“Even if the production stops for a while, in the phase of increased production, the in a result, more and more,” said Henner Lehne, Vice President of IHS, Markit.