Image credits: Audi
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Weekly Roundups

Geneva Auto Show Cancelled

By Alejandro Enríquez | Fri, 02/28/2020 - 10:24

COVID-19 effects have been felt throughout the supply chain in the previous weeks but with the cancellation of the Geneva Motor Show, it has now affected car launches, too. According to Moody’s, this will contribute to a greater sales drop of 2.5 percent at the global level in 2020.

Mexico has shown strength by becoming the second-largest vehicle supplier to the US and beating records on FDI for vehicle production. Meanwhile, at the global level, Ford’s incoming COO has set cost cuts as a priority. On the other side of the Atlantic, the UK’s auto industry is urging its government to secure a free-trade deal with the EU.

Here is our weekly news roundup!

Newcomers

COVID-19’s Effects

Sustainable Mobility

OEMs at the Global Level

The data used in this article was sourced from:  
El Economista, El Financiero and Reuters
Photo by:   Audi
Alejandro Enríquez Alejandro Enríquez Journalist and Industry Analyst