Chinese Automakers Warned to Brace for Parts Shortages

Caixin Global | Apr 3, 2020 at 9:06 PM
  • The global coronavirus pandemic will “inevitably” hit automakers in China, an official has warned, as China’s industry emerges from the domestic epidemic amid disruption of international supply chains.
  • In the briefing, Liu warned that shortages of any one key component due to the coronavirus could affect China’s entire auto industry chain.
  • The complexity of auto supply chains means automakers find it difficult to switch suppliers once they have establish a relationship, a challenge that will only be compounded by Covid-19 shutdowns.