A container ship from China, which invests today in the port of Hamburg and important components for the plants of BMW, Daimler and Volkswagen, will you have around the corona of crisis, literally. Six weeks of the trip from a port of loading, for example, Shanghai will take to Europe. Six weeks ago there was in China just 309 infected persons in public life had not yet come to a Standstill.
that’s Why the German auto maker to remember, so far, also no impact of the crisis on their production in Europe. “Currently, our supply chain is secure,” said Daimler in a Statement to the “world”. Also, BMW has so far felt no negative effects. Volkswagen imported no components from China.
live in China
is normalized again, the plants of the car manufacturers in the giant are Affected but the Kingdom itself. Here the Timing comes to you. The Coronavirus epidemic broke out in mid-January just before the Chinese new year. Because in this time, the suppliers are on holidays anyway less, are the stocks of the important components above. The manufacturer can benefit now. Volkswagen 151,60 EUR -5,00 (-3,19%) Xetra price data
the quarantines, curfews, and plant closings in the case of suppliers, the production will disturb, it will show the first in March. So far, the German automakers are confident. They point to the fact that most Chinese companies have resumed their work completely.
the social life in China back to normal, also show other data. The Australian analysis company KASPR has evaluated about the Internet activity of different Chinese provinces. In the most important export market, Shanghai is back to the normal pre-crisis level. Only the more affected provinces of Jiangsu and Shandong need a little longer, but are also already on the way to normality. BMW 57,52 EUR -1,05 (-1,79%) Xetra
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impact of the epidemic will be only in April
not Definitely indicate the normal of the paragraph in however, China is: He broke in February, to 92 per cent compared to the previous year. Just 4.900 cars were sold in the entire month. Normally, China is in need for this number just two days. The country is for many of the German car maker is one of the most important markets.
This break-in will definitely pay on the sale of a German car manufacturer have an impact. How strong, will show until April, as BMW, Daimler and VW do not give out any monthly Pay more. How much they are affected, but also depends on how the Chinese behavior in March. That no-one has during an epidemic desire to enter a car dealership and test driving expensive Mercedes to sedans, lit. It does not mean, however, that he has cancelled the purchase of the vehicle completely and not perhaps only to the time after the crisis moves. Daimler 36,22 EUR -1,42 (-3,76%) Xetra
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car bosses allowed to react
“We mustn’t be too pessimistic”, BMW Director Oliver Zipse said earlier this week in a telephone conference. The goal is to sell until the end of the year, slightly more cars than in the previous year, the CEO, in spite of the downturn in its core market. “It is clear: In February, in China, the market was down,” says Daimler boss Ole Källenius at the Online presentation of its new models – not on the cancelled Geneva auto salon. But Daimler is already working on a “Recovery Plan” to the slump in sales in China to compensate for.
The front looks at all of the manufacturers to relocate the business from the Showroom to the Internet. Hardly, a customer will buy a car without a test drive on the Internet, you can learn here, but good on all the deals. To appeal to younger audiences and people at the bar keep, which may not be able to leave because of the Corona epidemic your home or want to. With the SCC-exchange of letters next to values, and in the short term and the long term Top return on investment! (Partner quote) Here is an exclusive 30-day free trial!
the Global auto market is shrinking, even without Corona
The China crisis hits the car manufacturers to a time when the global market is shrinking anyway. The University of St. Gallen, predicts in a new study, global sales of 76.9 million Cars this year, three percent less than in the previous year. In China, the number is expected to fall by more than eight percent. And as more and more models that are still sold, are now electric or hybrid. In these categories, the margins for the manufacturer, so far, significantly lower than internal combustion vehicles.
“The market slump is coming,” says that’s why Ferdinand Dudenhöffer, one of the authors of the Swiss study, compared to the “Handelsblatt”. “By Corona all will lose.” The German car maker does not want to confirm the date. You delete in the port of Hamburg once the last of the deliveries from the pre-crisis period, and then look further.
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