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    February 20, 2020

    CRU: Covid-19 is Spreading Through the Auto Industry

    Written by Zanna Aleksahhina

    By CRU Multi-Commodity Analyst Zanna Aleksahhina

    As of Feb. 19, the outbreak of coronavirus Covid-19 has killed more than 2,000 people, infected over 75,000 others, and put millions in self-isolation. Aside from the human tragedy, the virus poses a real threat to the Chinese economy. The automotive industry will be hit hard, and we expect Chinese automotive production to be pushed further into recession in 2020. The automotive industry is one of the most complex and highly integrated global supply chains. The disruption of China’s market has global implications; expect the effects to ripple through the industry.

    Zanna Aleksahhina

    Read more from Zanna Aleksahhina

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