February 2020 auto sales
The global auto industry is currently facing a "paralyzing" crisis due to supply chain disruptions caused by plant shutdowns. In fact, the automotive industry chain is long, interlocked, vehicle manufacturers and parts suppliers between the docking chain involves tens of thousands of parts. At the same time, the globalization of collaboration has long been the norm in the automotive industry, so it is often "pull one hair and affect the whole body".
At present, most of the automobile factories in North America, some European countries, and Japan, South Korea, the Philippines, and Thailand are in a state of shutdown. Almost none of the major brands have been spared, Volkswagen, Daimler, BMW, PSA, Renault, Volvo, FCA, Ford, General Motors, Tesla, Hyundai, the Japanese three giants, etc., have announced the closure of factories around the world, and the majority of them have not given the exact time of resumption of work.