The Chinese car market breaks down because of the Virus crisis in January

In January, the manufacturer delivered to the car dealer with 1.61 million vehicles, compared to the previous year, a fifth less, such as the manufacturers Asso

The Chinese car market breaks down because of the Virus crisis in January

In January, the manufacturer delivered to the car dealer with 1.61 million vehicles, compared to the previous year, a fifth less, such as the manufacturers Association CAAM (China Association of Automobile Manufacturers) announced on Thursday in Beijing. That was the biggest drop since the beginning of the year 2012. Buyers shunned the car, houses, increasingly, in the face of the epidemic.

The CAAM estimates that the outbreak of the Coronavirus could reduce the car production this year by a Million vehicles. In 2019, were sold in China, about 21 million cars.

China's auto market is already no longer

beat since about one and a half years, it is faltering on the biggest car market in the world. The trigger for the trade dispute between the United States and China, was now more problems add to the uncertainty of tariffs and the Chinese economy. Most of the decline in January sales of electric cars was. These are sold mainly in the from the Virus particularly affected the large cities of the country.

so Far, the German Premium manufacturers, the crisis escape

For Mercedes-Benz, Audi, BMW, Volkswagen and Porsche, China is the single most important market. So far, the German manufacturer had a well by the industry downturn. Especially in the premium segment, Daimler and BMW were able to escape the weakness, largely because their buyers Worried about further economic development did not play a so large role as in the case of the customer of the mass manufacturer.

The industry Association (PCA China Passenger Car Association) was also present at this Thursday's Numbers, the Association measures the deliveries of passenger Cars to private customers. The PCA had already warned that the Coronavirus will run in January and February to a fall in sales of around 30 percent.

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Coronavirus: number of Infected people in China is increasing by leaps and bounds - behind PCP Coronavirus: number of Infected in China by leaps and bounds on the rise - behind

mbe/dpa
Date Of Update: 13 February 2020, 12:00
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