Europe's Auto Companies Halt Production Amid COVID-19 Outbreak, an Industrial Info Market Brief

Automotive companies are stopping production in Europe during the COVID-19 pandemic. In Spain, the Volkswagen Group, PSA Group (Peugeot, Citroen, DS, Vauxhall and Opel), Fiat Chrysler and Daimler, and Renault have stopped production and sales. Industrial Info is tracking $2.5 billion worth of active automotive projects that currently are planned to kick off in the second quarter of this year.