Auto groups and auto parts manufacturers are seeing production restart in China as corona virus spread seems under control. For example, Volvo's Polestar 2, a competitor of the Tesla Model 3, went into production.
The Polestar 2 rolls off the production line in Luqiao, China. The first copies will be delivered to European customers this summer. The car has a specified driving range of 470 kilometers and costs 59,800 euros.
Polestar was previously a Volvo brand, but is now on its own two feet within the brand portfolio of the Chinese parent company Geely. That company is now also running at full speed.
Volvo has resumed production in three of the four Chinese locations and says in a press release that showroom visits are also picking up again. Daimler, the parent company of Mercedes-Benz, also reported this this week.
In general, showroom visits are still considerably lower than in the same period a year earlier. According to the Chinese trade association, dealers are at 57.2 percent of the usual run-up.
Auto parts maker Faurecia announced on Tuesday that its Chinese factories are now back at 70 percent of their normal capacity. German roofing specialist Webasto is at 60 percent, CEO Holger Engelmann told Automotive News Europe .