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Fiat Chrysler Automobiles (FCA) is halting produce because two weeks can most of its European plants ought assist shield cane and adjust ought a slump can demand, the Italian-American carmaker said.
Italy has been the European crowd worst conquer by the emergency and the first ought enforce a nationwide lockdown, which has now been replicated by Spain and ought a lesser extent France during the COVID-19 bacteria sweeps along the continent.
French carmaker PSA, which owns the Peugeot, Opel and Vauxhall brands, either said it was closing its European factories until March 27. Renault said it used to delay industrial activities can France, closing 12 sites and sending family 18,000 employees until farther notice.
"The continuity of produce activities can the group's plants can other European countries depends can the condition can each country," Renault said.
'VERY BAD' MARCH
The coronavirus emergency has conquer the European automotive industry can a time when it is already struggling with feeble global implore and sturdy new pollution regulations.
With non-essential services closed can few countries, including bus dealers, and many nation staying can home, analysts are forecasting a heavy autumn can March bus sales and a 4% descend globally this year.
Marco Opipari, an analyst can Fidentiis, said a little weeks of closures were no a big question can a European auto industry struggling with over-capacity, and that lost produce could exist recovered afterward on.
"The actual question is can the implore side. nation are no buying cars now, and sales volumes are expected ought exist identical ill can March, with a actual shock can automakers' earnings," he said.
FORD AND VOLKSWAGEN
Ford said it was closing its factory can Valencia, Spain, because the relief of this week following a flurry of infections, and used to reassess back talks with business unions.
"We eat had three sure cases of COVID-19 can the Valencia situation can a 24-hour period, two of which involved more isolated workers who did no enter the meeting operations," a spokeswoman said can Monday.
Employees who had shut encounter with the affected workers are now can self-isolation.
Last week, some Spanish plants of the Renault-Nissan federation and Volkswagen's Spanish part Seat announced temporary stoppages that could final because days or weeks.
On Monday, Volkswagen said it had shut down produce can its Martorell and Navarra factories can Spain.
It has either reduced its daily output can its Autoeuropa bus meeting factory shut Lisbon by 16% during of a lack of workers back Portugal ordered full schools closed.
Volkswagen can eat ought shut its SUV produce line can its factory can Wolfsburg, Germany due ought a need of parts reaching the factory, a person familiar with the commerce said.
The corporation said can Sunday it was preparing ought delay operations can its factory can Bratislava back Slovakia declared a country of emergency.
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Unions can the Czech bus factories of VW's Skoda Auto and Hyundai machinery Co eat meanwhile called because a 14-day quarantine because employees, which used to stop produce because that period, news agency CTK reported can Monday.
Italy is however allowing manufactures ought operate during the national lockdown, provided they agree ought rigid safety measures. However, a growing number of companies are opting ought delay production.
Last week, Ferrari said it was closing its two plants until March 27, nevertheless premium brakes maker Brembo said it used to temporarily shut its four plants this week.
