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European automaker shutdowns have cost 1.5 million vehicles

Factory shutdowns in Europe have already lost the production of nearly 1.5 million motor vehicles to date; up from 1.2 million units a week ago.

The average shutdown duration EU-wide currently stands at 18 working days

Figures from the European Automobile Manufacturers’ Association (ACEA) show that the average shutdown duration EU-wide currently stands at 18 working days, resulting in the loss of production of 1,465,415 motor vehicles to date. It’s also included figures for the UK, where the shutdowns have stopped production of 127,310 vehicles.

ACEA data also shows the jobs of at least 1,138,536 Europeans working in automotive manufacturing are affected by factory shutdowns as a result of the current crisis; that doesn’t take in the impact of the shutdowns on the wider automotive supply chain. Again, figures have also been included for the UK, where 65,455 employees have been impacted.

The latest figures show the grave effects of the coronavirus epidemic on the automobile industry some three weeks after the association had warned that the sector was facing an “unprecedented crisis”.

Speaking at the time, ACEA director general Eric-Mark Huitema had called for strong and coordinated actions at national and EU level to provide immediate liquidity support for automobile companies, their suppliers and dealers, and said the sector would be a key contributor to the accelerated recovery of the European economy at large.

Production figures published since then further highlight the impact of the crisis; new car registration figures in March slumped 85% in Italy, 72% in France and 69% in Spain. In the UK, which started lockdown measures later, new car registrations fell 44% last month.

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Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.