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Impact of A coronavirus (COVID-19) on Auto Parts Import and Export Market

Impact of A coronavirus (COVID-19) on Auto Parts Import and Export Market

  • Monday, 22 June 2020
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With the epidemic still spreading, there are uncertainties in the production and operation of European auto-related companies, which may have a certain impact on China's auto-related import and export business. Commodity inspections for some exports have stalled, foreign consumers' demand for car purchases has been reduced, and imports of overseas components and other factors may affect China's automobile import and export business. Chen Shihua, deputy secretary general of the China Association of Automobile Manufacturers, told reporters from "Daily Economic News" The overseas epidemic has little impact on domestic auto-related import and export business in the near future. If the epidemic continues to spread, more auto brand factories will stop production, or it will affect the domestic auto import and export business in the next few months.

Production in some European automobile factories suspended

 

Yue 11 days, Fiat Chrysler announced that it would temporarily close some factories in Italy to deal with new outbreaks of pneumonia crown. In addition to taking instructions to support the government, Fiat Chrysler will also focus on actions to minimize the risk of infection among employees. These measures include disinfection of all work areas, rest areas, and changing rooms in order to keep employees in their jobs There is more space on the factory, and the factory will reduce daily productivity.

Fiat Chrysler said that in February of this year , the company's cafeteria has adopted interval measures to control the number of employees, and then it will gradually implement more home office measures to reduce the risk of infection.

 

In addition to Italy, automobile companies in other European countries are also facing threats from the epidemic. Volkswagen's Spanish company Yates said recently that it is considering sending employees back to China from a factory near Barcelona due to the supply of parts. The French Peugeot Citroen Group strengthened the safety regulations of a factory in Mulhouse, a city in eastern France, after an employee was infected with new coronary pneumonia. The factory has about 5,000 employees.

The European epidemic has affected the domestic automobile-related export business. Our products are mainly exported to the United States and Italy, currently Italy's customer base is not installed capacity , and follow-up orders is likely to be suspended. Domestic production of a major diesel engine and transmission parts companies relevant person in charge told reporters, Italy The company's largest overseas customer, orders in February this year are normal, and orders in March are only half of the normal month, and subsequent orders may be suspended. However, the business of exporting to Italy accounts for only about 5% of the company's business , which currently has little impact on the company as a whole.

 

The relevant person in charge of FAW Jiefang told reporters, The biggest problem affecting enterprises is exports. Affected by the epidemic, most of the foreign exchange personnel are blocked from traveling internationally, and the demand for foreign car purchases or the impact of the epidemic is reduced. This will affect the export volume of the enterprise. have an impact. Further extension of domestic factories started, the original foreign orders had to delay delivery, which also led to some disputes. mesh front companies in ensuring the safety of the situation, is stepping up production. "

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