The Limited Times

Now you can see non-English news...

2020, a lost year for the automobile

2020-04-27T19:11:23.958Z


World production would drop by a third. Manufacturers and equipment manufacturers are preparing for a slow recovery.


The auto industry is starting to come out of its lethargy. If PSA waits until the concessions reopen to restart, activity resumes smoothly at Toyota in Valenciennes. At Renault, some assembly factories (Flins, Sandouville) do the same, after the mechanical sites have taken the lead in Cléon, Choisy-le-Roi and Le Mans. The equipment manufacturers are also preparing to restart. Some export factories have not stopped running at a slower pace, like at Valeo.

Read also: The automobile struck down by a historic crisis

The problem that will arise first is that of the sale of vehicles. Currently, we have a stock in France for four months, and closed distribution channels, "warns Claude Cham, the president of the Federation of Vehicle Equipment Industries (Fiev). When the dealers reopen, will the French want to buy new cars? " While activity was almost zero in mid-April, we observed during the week of April 20 to 24

This article is for subscribers only. You still have 71% to discover.

Subscribe: € 1 the first month

cancellable at any time

Enter your email

Already subscribed? Log in

Source: lefigaro

All business articles on 2020-04-27

You may like

News/Politics 2024-02-09T05:24:29.844Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.