Coronavirus hits European car industry

The last few days has seen a rapid escalation in the number of plant closures in Europe’s car industry. Companies announcing closures include Ford, Volkswagen, Daimler, Fiat Chrysler, and PSA Group.

Techcrunch: Ford, Daimler to suspend production at European factories due to COVID-19

Automotive News Europe: Ford suspends European production

Automotive News Europe: VW Seat unit to halt all production 

Wall Street Journal (subscription): Volkswagen, Airbus Halt European Production Amid Wave of Factory Closures

The Telegraph (subscription): Europe’s car industry stalls as coronavirus shuts plans