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Fever Pitch: Coronavirus Pandemic Taking Increasing Toll on Auto Industry

The Detroit Bureau

With the coronavirus outbreak now declared pandemic, the impact on daily life is expected to become increasingly significant – and the auto industry is already feeling the brunt of the outbreak as plants close, workers get quarantined, sales tumble, events are cancelled and profits rapidly dry up.

It’s difficult to find a single aspect of life within the auto industry that isn’t feeling the impact as the breadth and depth of the deadly disease becomes ever more apparent.

Within just the last 24 hours, General Motors has announced that non-manufacturing workers will be told to start working from home as of Monday, March 16. Daimler AG has cancelled its annual shareholders’ meeting. A host of motorsports events, including the Formula One race in Australia, have been cancelled or postponed.

Read the article at The Detroit Bureau.

Mar 16, 2020connieshedron
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