Auto Industry Halts Production Due To Coronavirus
April 05, 2020
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The Auto industry all over the world halts production due to the global pandemic of Coronavirus. Majority of the companies in the auto industry have already suspended their activities and temporarily stopped production. Whereas, rest of them will also be doing the same in coming days. As this global pandemic have badly affected the Auto Industry around the world in so many countries.
The UK car industry is slowly grinding to a halt after BMW, Toyota and Honda said that they would temporarily shut down their UK factories because of this coronavirus pandemic.
Moreover, Nissan and Vauxhall have already closed their plants. In North America, one of the most well established names of auto industry Ford and General Motors (GM) have stopped their production.
In Europe, many car manufacturers have agreed on temporarily shutting down their factories. Many big names like Ferrari, Mercedes, Renault, PSA, Volkswagen. All these companies are struggling in this difficult time due to travel restrictions all over the world. They can't get the spare parts and other items from different countries due to lock-down everywhere.
The recently imposed lock-down by the government and the threat of coronavirus rapidly spreading across the country have compelled the auto manufacturers in Pakistan to halt the manufacturing of vehicles. Toyota, Honda and Suzuki are the notable manufacturers which stopped the production, along with many local car manufacturers.
One of the major reasons behind shutting down plants is that due to the lockdown, the workers and other employees cannot commute to manufacturing plants. Also, note here that the manufacturers of OEM parts and other auto-related industries like tire manufacturers have also halted their operations. All of these car manufacturers have been badly affected and the auto industry is facing difficult time due to this global pandemic.
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