China’s Auto Industry Once Again Shuttering Some Operations Due to Lockdowns
China’s Auto Industry Once Again Shuttering Some Operations Due to Lockdowns
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Just when the automobile industry thought it was out of the clutches of the Covid-induced supply chain SNAFU that had taken place over the last several years, it looks as though China’s strict Covid policy threatens to pull them back in again. “At least three major automakers” are once again shuttering production, according to a new report from Bloomberg this week. Honda has shut down operations in Wuhan for the time being due to “limitations around movement” in the area, the report says. The company also suspended operations at a lawnmower engine plant in Chongqing.
Yamaha has also been hit...
Source: https://www.newswars.com/chinas-auto-industry-once-again-shuttering-some-operations-due-to-lockdowns/
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