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Created by

User

Exio

Integrity Score 100

title automobile industry

99 Views 2 years ago

The COVID-19 epidemic has had a rapid and devastating impact on the global automotive sector. Chinese parts shipments are being disrupted, large-scale manufacturing disruptions are occurring across Europe, and assembly factories in the United States are closing. This is putting a lot of pressure on a sector that is already dealing with a downturn in global demand, and it will almost certainly lead to more merger and acquisition activity.