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Global automaker supplies threatened by China coronavirus crisis

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The threat from the coronavirus crisis closed in on the global auto industry on Thursday, as Fiat Chrysler Automobiles NV warned that a European ...

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.

"Almost everybody has some product where they are in trouble," said Dan Hearsch, a managing director for the auto and industrial practice of consulting firm AlixPartners. GM has teams working around the clock to head off trouble, the automaker's chief financial officer said.

 

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