Mary Barra, Chairman and CEO, General Motors Corp. speaking to investors during the company's ... [+] Capital Markets Day presentation, Feb. 5, 2020. The World Health Organization reports 425 deaths in China from the virus and one in the Philippines as of Tuesday. The auto industry in China has been hit especially hard since the coronavirus outbreak began in the city of Wuhan, located in Hubei Province, where a number of automakers and suppliers have factories. “Imagine those numbers when everyone would be there working,” said Köse in a phone interview. It just shows how vulnerable industries are, especially when they are modernized to be just in time.”The longer the crisis lasts, the deeper the impact to the auto industry.

Source: Forbes February 05, 2020 18:49 UTC