European car manufacturers announce more virus-related closures

Three more European car manufacturers are set to close and halt production in response to the spread of the coronavirus (2019-nCoV), Fastmarkets learned on March 17.

Car manufacturer Ford is set to close all continental European plants from Thursday March 19, "for a number of weeks," it said. Ford will close plants in Cologne and Saarlouis in Germany as well as Craiova in Romania while it's Valencia site in Spain has already closed following three workers being diagnosed with the virus.
Ford represented a 5.5% share of the EU market during January 2020, having produced 62,978 passenger cars, down 18.6% from 77,365 cars one year previous, according to data from by the European Automotive Manufacturers Association (ACEA).

Ford reports a, "temporary suspension of production expected to last for a number of...

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