German auto industry experts calculated an account. Last year, the total sales of Volkswagen Group+BMW Group+Daimler Group was about 530 billion euros, of which the cost spent on depreciation and interest accounted for 15%, or 80 billion euros.
Factories stop production and dealerships stop selling new cars, which means there is no income, but these fixed costs are still being spent. According to the calculation of 220 working days a year, Volkswagen, Daimler and BMW lose 360 million euros every day due to the epidemic.
It is reported that Ford Motor Company of the United States has closed all its factories in North America, London, Wales, India, South Africa, Thailand and Vietnam due to the epidemic. The above measures have had a great impact on Ford's performance.
Fitch Ratings predicts that the shutdown time of Ford's factory will be longer than its official expectation, which will bring about 8 billion US dollars (about 57 billion yuan) of losses to Ford. At the same time, it said that if Ford's production can't return to normal in the second half of this year, its rating will face another downgrade.
Daimler, the parent company of Mercedes-Benz, said that the global supply chain cannot be fully maintained at present, and the company cannot completely determine or reliably quantify its economic losses due to the continued spread of the epidemic.
Japanese economists predict that Japan's economic losses will reach 640.8 billion yen (about 4110/000000 RMB) if the Tokyo Olympic Games are postponed for one year. Among them, the sponsors suffered the most, especially Toyota, which has been preparing for the Olympic Games for five years. The postponement of the Tokyo Olympic Games will make Toyota have to reconsider advertising and broadcasting, and even buy advertising space again, which will be a big expense.
Automobile market research organization HIS? According to a set of forecast data released by Markit recently, the epidemic will lead to the loss of 2 million new car production in the first quarter, which will account for about 40% of the global total production in the first quarter. According to the Nihon Keizai Shimbun, global automobile production will drop by nearly 40% in 2020.
Undoubtedly, at the moment when the epidemic continues to spread around the world, no car company can be immune. Today, the vitality of China auto market has not recovered, and the impact of the epidemic on European and American auto markets will aggravate the decline of global auto market in 2020.
In order to save the automobile industry, many governments have issued rescue plans. US President Trump once said: "We are very concerned about the automobile industry. It is not their fault that the automobile industry turned to the government for help, so we will lend a helping hand. " The US auto industry is actively preparing a 2 trillion US dollars (about 14.2 trillion RMB) economic stimulus plan and seeking federal government assistance.
On March 23, the South Korean government said that it would speed up customs clearance and arrange freight transportation for the automobile industry, and provide liquidity support for the industry.
The French government has met with Renault, the representative of the automobile industry, and the head of PSA to discuss the French government's assistance to the automobile industry to tide over the epidemic. Including the provision of 300 billion euros of government loan guarantees to provide guarantees for enterprises that need to postpone tax collection.
Germany will provide liquidity financial support to enterprises, and the amount of support is about 654.38+050 billion euros. Germany is also prepared to buy all or part of the shares of the company when necessary.
I believe that with the efforts of the whole world, the automobile industry will definitely tide over the difficulties!
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.