Coronavirus could wreck the global auto industry

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    This photo taken on November 27, 2019 shows employees working on an assembly line at the third auto plant of Dongfeng Honda in Wuhan in China's central Hubei province. (Photo by STR / AFP) / China OUT (Photo by STR/AFP via Getty Images)

    The human cost of China’s coronavirus outbreak is tragic, mounting and already readily apparent. The cost to businesses around the world could alsobecome severe in the coming weeks.

    Manufacturers around the world have come to depend on parts from China to keep their own supply chains going. Experts fear that factories across the globe could ground to a halt if many of the plants across China remain closed this coming week.

    Auto plants could be among the first to feel the impact. That’s because of the massive size of the Chinese auto parts industry and the fact that you can’t build a car with only 99% of its parts.

    Cr CNN News Read the full story here.

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