Weak Auto Parts Companies in Europe and America reduce production or stop production

Detroit"s big three and the UAW have agreed to cut production at U.S. factories, while limiting the number of workers to prevent the spread of the new coronavirus among some 150000 factory employees.

In addition, Daimler, Volvo, Nissan, Ford and other auto companies also announced today that they will suspend production in most of Europe"s factories from this week. By noon, the total number of complete vehicle factories that have been and will be shut down by international auto manufacturers in Europe has exceeded 70.