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China, the effect of Coronavirus on car sales: in January, less than 78%

Car sales in China have collapsed in the course of a year, in February, 78.4 percent. This was announced by the federation of the sector. The largest automotive

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China, the effect of Coronavirus on car sales: in January, less than 78%
Car sales in China have collapsed in the course of a year, in February, 78.4 percent. This was announced by the federation of the sector. The largest automotive market in the world has been paralyzed due to the outbreak of the new coronavirus. In the last month have been sold 124.649 cars compared to 575.791 a year ago, said the china federation of manufacturers of cars (cpca).

This collapse reflects the paralysis of the second world economy due to the drastic measures taken to curb the epidemic of covid-19, in particular the confinement imposed on the approximately 56 million people in the central province of Hubei and its capital Wuhan.

In fact, this region, by which spread of the epidemic, and that was cut off from the world for a month by a cordon, an important center of the automobile industry chinese. With many workers in quarantine, the recovery of production is still done only very gradually and in random order according to the manufacturers.

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