GLOBAL AUTO INDUSTRY AFFECTED BY WUHAN VIRUS

Highlights:

• Volkswagen, Daimler, General Motors, Renault, Honda, and Hyundai are among the global automakers' dealers that did a huge investment in China.
• China has cut down the production by 15% in the first quarter due to the virus.
• Volkswagen accounts for 40% of its production in China.

China has always welcomed automakers across the globe to establish their prod....