menu

Big impact car production due to COVID-19, but market will restart

Big impact car production due to COVID-19, but market will restart

European factory shutdowns as a result of the COVID-19 crisis have resulted in an enormous production loss. Most of the European car factories are closed for around 3 weeks now. The ACEA informs us, the production of vehicles shrunk with nearly 1,5 million. As expected this number will increase the coming weeks if the factories remain closed for a longer period of time.

Restart of production

Is there light at the end of the tunnel? It seems like it, because several car factories consider restarting the production. The factories that consider a restart includes: Volkswagen, Fiat, Chrysler and Volvo. A restart of factories in the USA will not take place for now. Also, Renault has no plans to restart the production yet and Ford informs us that the European factories remain closed until at least May 4th. For the whole overview of restart information, please find the table below. Car factories considering opening their doors again is related to the expectation of the market recovery.

Europe automotive production restart information

Source: ECG

Scarcity of cars

At this moment, the current stock of new cars can bridge the cap for coming weeks and stuff the shortage of car production. The longer the car factories remain closed, the bigger the chance of shortage of certain brands and models.

Enough stock of different brands

At Network4Cars we have enough stock of new cars and vans. Please check our stock page for all the cars. Do you need a car but it’s not included on the web page? Please contact us to discuss the opportunities.

Curious how we work?

Learn more about our step by step order process


Also interesting for you

When business as usual becomes unusual
23-3-2020
First of all we hope you, your family members and employees are doing well. We live in unprecedent times and realize that the Corona-crisis has an impact on you personally.  The whole situation creates uncertainty and will mean new challenges and dilemmas, which we have to face together.
WLTP regulations as of September 2019
10-7-2019
In a little less than two months from now, a new phase will start regarding the transition from NEDC to WLTP regulations. The team of Network4Cars wants its customers and associates to be fully prepared for this change.
Automotive consumer confidence increases
29-5-2020
In countries where the lock down is flexible, we see the automotive is slowly getting better. The consumer confidence is increasing and as first the occasion market restores.
The 2020 Tax Guide is published!
04-6-2020
Every year, the European organization for automotive (ACEA) presents a vehicle tax guide with a comprehensive overview of specific taxes that are levied on motor vehicles in Europe, as well as in other major markets around the world.
By signing up you grant permission to use your data to keep you informed of news and offers from Network4Cars

www.network4cars.com uses cookies to improve the website, to analyze and to ensure that you see relevant advertisements. By clicking this message away or continuing to use this site you agree to this. If you want more information about cookies and how they are used, please see our cookie policy.

 DON'T accept cookies