Opportunities for the development of the automotive industry
- 2020/4/30 13:30:01
With the global spread of the epidemic, the downward pressure on the automotive industry has become more significant. In the first quarter of this year, China's domestic auto market sales fell 42% year-on-year. So, how does the new coronary pneumonia epidemic affect China's auto industry? How does the auto industry turn crisis into opportunity?
The current Chinese auto market is "cold winter". This is because China's domestic economy has entered an adjustment stage, from a high-speed development stage to a high-quality development stage. Economic adjustment means that the income of some industries and some people will be affected, so the market last year and the previous year were not very good. This year's epidemic will have an impact on the overall economy, as well as the world. More people will fall in income, and it will have a greater impact on the Chinese auto market.