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Tesla Chinese factories closed? What are the implications for pneumonia outbreak of major joint ventures?

China Wuhan is home to China’s second-largest carmaker Dongfeng Motor Group and state-owned company’s headquarters, as well as General Motors, Renault, Peugeot, Honda and Nissan’s global production plant is located. In addition, Wuhan is one of China’s leading automobile city, has about 650 auto parts companies. Wuhan or transportation fortress, so the outbreak of the automotive industry had a significant impact.

Volkswagen

February 3 to February 17 Volkswagen announced that 3,500 employees work from home for two weeks. Meanwhile, SAIC also announced to the public until February 10 in a suspended state. But Volkswagen said in a statement that it had received orders, delivery time remains unchanged.

Skoda

a subsidiary of the Volkswagen Group, Skoda (Skoda) ordered an indefinite ban Chinese in China on business travel. But no plans to evacuate staff. The Czech government also recommended unless it is necessary to travel, do not go to China.

BMW

BMW also prohibits employees went to China to travel, and BMW announced in China plant downtime, extended to February 9. But for office staff, it has been No. 3 February to work, but work at home.

Tesla plant shutdown

begin production Tesla Model 3 in China, concern. But the request of the Chinese government, Tesla’s Shanghai plant has been shut down, production is expected to Model 3 would be delayed one to two weeks. This Tesla profit for the first quarter may have little effect, because, according to forecasts, China’s production of Model 3 is still in its early stages, production is still climbing.

JLR

Jaguar Land Rover’s parent company Tata Group predicted that the spread of coronavirus, Jaguar Land Rover’s profits will decline slightly. Jaguar Land Rover is seeking to improve the working plan of the Chinese market, with the expected spread of the virus, a decline of 3 percentage profit year on year.

Hyundai

For Hyundai Motor, the epidemic not only affects the production plant in China, and even affect the South Korean factories. 1 to 2 February, Hyundai Ulsan factory stopped production work, and announced the decision to operate the production line according to demand and supply finished parts. The reason is that China needs to harness modern automotive suppliers, but Chinese production suppliers have stopped.

Magna

OEM auto parts manufacturers and wheat Wagner (Magna) has stopped working. Magna has more than 20,000 workers and 54 offices in China, has been extended to May at 9 February. Magna announced employee health checks and health measures in the workplace and prohibit Magna employees overseas travel or travel to China until further notice. It also transported medical supplies to Chinese enterprises.

Bosch

Also equally important as the world’s automotive suppliers Bosch, also banned until the end of February and from China of all business travel. Bosch officials said, is to observe the impact of the epidemic on production and supply, and if the disease longer, then the supply chain will be a problem, Bosch has 23 factories in China, is highly dependent on Chinese production.

NVIDIA

NVIDIA is the world’s largest computer graphics chip manufacturers and major automotive suppliers, NVIDIA recommends that Chinese workers spent two weeks at home. Over the same period, to China’s business travel will be postponed indefinitely.

epidemic

crown pneumonia continues, the impact of major auto companies and suppliers of business is constantly expanding. China as the “world factory”, pneumonia epidemic in this period, production of the whole country seems to have stopped, many car companies with factories in China, parts andDevices, also stopped production as required. This outbreak, the impact on the automotive industry are growing.

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