The coming weeks will be critical for the global automobile industry as China struggles to supply car parts due to the coronavirus outbreak
DETROIT - The threat from the coronavirus crisis closed in on the global auto industry on Thursday, as Fiat Chrysler Automobiles NV warned that a European plant could shut down within two to four weeks if Chinese parts suppliers cannot get back to work.
Chinese auto parts and assembly plants have extended previously planned New Year’s shutdowns through Feb. 9. But some have pushed the shutdowns out further. Other global automakers have not disclosed details about potential disruptions outside China, but have said they are monitoring the risks. Toyota operating officer Masayoshi Shirayanagi said the automaker is “looking very closely at inventories of components” outside China.
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