Auto groups and auto parts manufacturers are seeing production restarting in China as coronavirus spread seems under control there.
Not only the production of the Polestar 2 in China is good news, because Volvo’s Chinese parent company Geely is now also running at full speed again. Volvo has resumed production in three of the four Chinese locations and says in a press release that showroom visits are also picking up again. Daimler, the parent company of Mercedes-Benz, also reported this this week.
In general, showroom visits are still considerably lower than in the same period a year earlier. According to the Chinese trade association, dealers are at 57.2 percent of the usual run-up.
Auto parts maker Faurecia announced on Tuesday that its Chinese factories are now back at 70 percent of their normal capacity. German roofing specialist Webasto is at 60 percent, CEO Holger Engelmann told Automotive News Europe.