China Car Sector to Take Hefty First Quarter Hit From Virus but 2020 Outlook Not Necessarily Grim
China Car Sector to Take Hefty First Quarter Hit From Virus but 2020 Outlook Not Necessarily Grim 3SHANGHAI/BEIJING (Reuters) – The new coronavirus epidemic is likely to wreak havoc on China auto sales and production in the first quarter, but it is too early to push panic buttons as ground could be made up later in the year, industry executives said. Showroom traffic is expected to be sparse when extended Lunar New Year holidays end as much …
News story posted on 2020-01-31T05:45:00.0000000Z