IBIS USA 2020 GOES VIRAL
IBIS (International Bodyshop Industry Symposium) is pleased to announce that IBIS USA 2020 will take place as a virtual event on 2 April. As a result of the global coronavirus situation and widely implemented travel restrictions, we’ve taken the pragmatic decision to evolve the planned face-to-face event into an on line simulcast to be broadcast between 12:00pm and 3:00pm EDT.
The simulcast will be an interactive, multi-media-led, on line IBIS, comprising all the elements we’d planned for Jacksonville: presentations from subject area experts, live Q&A via our mobile app and brand exposure for all our valued partners.
All our registered delegates will receive their secure simulcast login details in the coming days.
One key ingredient of all IBIS experiences is peer-to-peer networking. This will no less be a feature of the simulcast. Delegates both before, during and after the event will be able to communicate with each other using the networking and meetings component of the IBIS USA app.
For further information and to learn how you too can join the simulcast, visit www.ibisworldwide.com or contact IBIS head of sales Suzie Scott at firstname.lastname@example.org or on +44 (0)7545 068455.
GLOBALDATA COMMENTS ON CORONAVIRUS DISRUPTION
Following news that car sales in China plunged 80% in February due to the impact of measures to tackle the coronavirus, David Leggett, automotive editor at GlobalData, a data and analytics company, offers his view:
“There are signs that attention in the auto industry is shifting away from tackling immediate supply chain disruption towards the prospect of much lower demand through 2020. China’s 80% market decline in February is a stark warning of the potential for lost sales in the global automotive market in the months ahead. Forecasts for car markets are likely to be revised down as the public health crisis deepens – especially in Europe and North America.
“Vehicle manufacturers and suppliers alike will be anxious over the duration of the expected coronavirus impacted market downturn and the speed of recovery later in the year. Even without the added impact of the Covid-19 pandemic, the global vehicle market was heading for a decline of around two per cent this year with the US, China and European markets flat or slightly declining. “The demand outlook has now deteriorated further.
“If the global vehicle market decline in 2020 is nearer 10% that will inevitably result in much lower earnings for automotive companies, many of whom are experiencing rising cost pressures formed by the necessity to invest in expensive technologies such as electrification. Indeed, the new stronger headwinds on the global car market come as they face the burden of much tighter regulatory hurdles on CO2, especially in Europe.
“While welcome signs of a nascent recovery to activity have been evident in China in recent weeks, the rest of the world is still very much heading into an economic downturn of uncertain depth and duration. Automotive companies will be especially nervous.”
CHINESE AUTOMAKERS TO ALSO PRODUCE FACE MASKS
A shortage of of face masks has prompted Chinese companies from automakers to energy providers to start making their own to help fight the coronavirus. Automakers including BYD have reconfigured production lines to make masks that can help block particles and germs, with petroleum giant Sinopec and iPhone assembler Foxconn joining the effort. Some are also producing disinfectant and goggles.
While China is the world’s biggest manufacturer, its current production capacity of almost 15 million masks a day is not enough in the current crisis. The quick switch from one product to another underscores China’s strength as a manufacturing powerhouse and highlights the urgency with which companies are trying to stop the virus from paralysing operations.
China has declared a “people’s war” against the most serious virus outbreak in decades that has led to many fatalities. At stake is also the country’s economy, as companies struggle to resume production after a national Lunar New Year’s holiday that was extended to help contain the virus. Without proper safety measures such as masks, companies risk the outbreak spreading among employees. While China made more than 5 billion face masks on the mainland last year -– about half the world’s output -– there is still a shortage as the number of infections soar. Local governments including the municipal authority of Beijing have banned civil servants from wearing the N95-type masks urgently needed in hospitals.
SAIC-GM-Wuling, a General Motors venture in China, said it built up 14 production lines with a daily capacity of 1.7 million masks. BYD said it will start mass-producing masks with the capacity rising to 5 million and 50 000 bottles of disinfectant liquid a day.
The company known for its electric vehicles and batteries will supply the first batches to drivers of buses, taxis, and ride-hailing cars, as well as volunteers and staff at airports and airlines. It will also provide products to its own workers, a company official said.