Since the beginning of last year, at the same time with the outbreak of the Corona virus, the markets were out of the ordinary and demand fell sharply, and the car market was no exception to this rule. These companies became billions of dollars, so much so that the big car companies took action to reduce their manpower and stop development projects.
Khodrocar - Corona was a global challenge that plunged the automotive industry into a financial crisis and punctured the automakers' liquidity wheel. The outbreak first targeted the human capital of the world's automakers and then the production of future products as well as its market, and despite the start of the New Year, companies have not yet announced a plan to get out of this situation and achieve profitability.
Negative impact of Corona on the French car market Statistics show that the health crisis caused by the outbreak of the Corona virus has had the greatest impact on France and the French car market, and has weakened the economic situation of the car market so much that such a phenomenon in France The year 1975 is unprecedented and the production of cars in 2020 is limited to one million and 650 thousand cars.
New personal car license plates and new personal car sales fell 25.5 percent year-on-year on a year-over-year basis, compared with 1.7 percent in the 1990s and 2000s. A million devices had not arrived.
During 2020, the automotive group PSA. The maker of Peugeot, Citroën, DS and Opel, France's largest automaker, and Renault were better able to withstand the slump this year. But the sales of these two major car companies also decreased by 25.1 and 24.9 percent, respectively, compared to 2019.
Fiat Chrysler Automotive Group, which is to be joined soon by P. S. A larger automotive group with a joint venture also saw sales fall 41.5 percent.
Meanwhile, due to Nissan's 44% stake in Renault, the problems created in Japan and the direct impact on Renault's performance, the French automaker suffered a recession and a loss of $ 12.2 billion in mid-2020. Due to the decline in sales of Renault products, the automaker has lost about $ 3.3 billion in its daily production and has not yet presented a plan to exit the crisis.
Due to the outbreak of coronary heart disease in the automotive industry, the challenge of production and sales was created. It recorded a loss of $ 2.7 billion. The automaker has sold 645,000 vehicles in global markets, down 53 percent from last year.
Nissan, one of Japan's largest automakers, posted a loss of about $ 2.1 billion in the second quarter of 2020, compared to $ 21 million in the same period last year.
The BMW Group also suffered a financial loss of € 666 million ($ 1.1 billion) with the outbreak of Corona. This is the first such loss for the automaker since the 2009 financial crisis. BMW earned $ 3.6 billion in the same period last year.
Honda, one of Japan's leading automakers with significant worldwide sales, also lost $ 1.1 billion in the second quarter of last year. Honda also saw a 62% drop in motorcycle sales. The American automaker General Motors also reported a loss of $ 1.1 billion following the corona acquisition. Global sales of the major automaker fell 24.3 percent to 1.47 million units.
Despite the delay in the corona outbreak in Japan, the country's automakers, along with other global automakers, saw declining sales and losses, with Mazda losing $ 602 million since the beginning of 2020. The automaker sold 244,000 vehicles in the global market, down 30 percent.
It remains to be seen what plans the global automakers will offer to get out of the recession and stalemate with the start of the new year, as the start of vaccinations in some countries promises calmer days.
Negative impact of Corona on the French car market Statistics show that the health crisis caused by the outbreak of the Corona virus has had the greatest impact on France and the French car market, and has weakened the economic situation of the car market so much that such a phenomenon in France The year 1975 is unprecedented and the production of cars in 2020 is limited to one million and 650 thousand cars.
New personal car license plates and new personal car sales fell 25.5 percent year-on-year on a year-over-year basis, compared with 1.7 percent in the 1990s and 2000s. A million devices had not arrived.
During 2020, the automotive group PSA. The maker of Peugeot, Citroën, DS and Opel, France's largest automaker, and Renault were better able to withstand the slump this year. But the sales of these two major car companies also decreased by 25.1 and 24.9 percent, respectively, compared to 2019.
Fiat Chrysler Automotive Group, which is to be joined soon by P. S. A larger automotive group with a joint venture also saw sales fall 41.5 percent.
Meanwhile, due to Nissan's 44% stake in Renault, the problems created in Japan and the direct impact on Renault's performance, the French automaker suffered a recession and a loss of $ 12.2 billion in mid-2020. Due to the decline in sales of Renault products, the automaker has lost about $ 3.3 billion in its daily production and has not yet presented a plan to exit the crisis.
Due to the outbreak of coronary heart disease in the automotive industry, the challenge of production and sales was created. It recorded a loss of $ 2.7 billion. The automaker has sold 645,000 vehicles in global markets, down 53 percent from last year.
Nissan, one of Japan's largest automakers, posted a loss of about $ 2.1 billion in the second quarter of 2020, compared to $ 21 million in the same period last year.
The BMW Group also suffered a financial loss of € 666 million ($ 1.1 billion) with the outbreak of Corona. This is the first such loss for the automaker since the 2009 financial crisis. BMW earned $ 3.6 billion in the same period last year.
Honda, one of Japan's leading automakers with significant worldwide sales, also lost $ 1.1 billion in the second quarter of last year. Honda also saw a 62% drop in motorcycle sales. The American automaker General Motors also reported a loss of $ 1.1 billion following the corona acquisition. Global sales of the major automaker fell 24.3 percent to 1.47 million units.
Despite the delay in the corona outbreak in Japan, the country's automakers, along with other global automakers, saw declining sales and losses, with Mazda losing $ 602 million since the beginning of 2020. The automaker sold 244,000 vehicles in the global market, down 30 percent.
It remains to be seen what plans the global automakers will offer to get out of the recession and stalemate with the start of the new year, as the start of vaccinations in some countries promises calmer days.
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