FACTBOX-Central Europe’s car makers hit by COVID-19 pandemic

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July 30 (Reuters) – The COVID-19 pandemic poses new challenges for carmakers in central Europe. Below are figures on producers in the region and their contribution to the economies of Hungary, the Czech Republic and Slovakia, the countries in the region that are most reliant on the auto industry.

HUNGARY

Population: 9.8 million.

The car sector’s contribution to GDP is about 4-6%, and it accounted for almost one third of industrial output and 21% of exports in 2019.

The sector employs around 170,000 people.

GDP FORECAST FOR 2020: the government projects a 5% decline (vs OECD projection for a decline of 8%)

** AUDI – production is running in three shifts at its car plant, but certain parts of the engine plant were not back at full capacity as of mid-July. It made 164,372 cars last year and 1.969 million engines but declined to give a forecast for this year’s

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Coronavirus: Six ways Covid-19 will change transport across the world

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The Covid-19 pandemic will transform transportation around the world, according to a new report.

There will be an increased use of bicycles and scooters as people seek to avoid congestion as well as a significant reduction in rush hour traffic.

People will likely work from home a lot more as well, the study from the International Association of Public Transport (UITP) said, which will mean smaller crowds on public transport.

The National takes a look at how the coronavirus crisis will permanently change how we commute.

How will the pandemic affect individual transport habits?

The UITP predicts there will be an increase in the use of cars and bicycles and more people will opt to walk to avoid crowded public transport amid physical distancing and hygiene concerns.

“Biking and walking are encouraged by many public authorities through the creation of new ‘green zones’, cycle lanes and pedestrian areas,” the report

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Baby Car Seat Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Availability of Customized Baby Car Seats to Boost Market Growth | Technavio

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LONDON–(BUSINESS WIRE)–Technavio has been monitoring the baby car seat market and it is poised to grow by USD 2.28 billion during 2020-2024, progressing at a CAGR of over 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Artsana Spa, Britax Excelsior Ltd., Diono LLC, Dorel

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COVID-19 Impact & Recovery Analysis- Global Automotive High-Performance Brake System Market 2020-2024 | Increasing Electrification in Vehicles to Boost Growth | Technavio

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LONDON–(BUSINESS WIRE)–Technavio has been monitoring the global automotive high-performance brake system market size and it is poised to grow by USD 1.74 billion during 2020-2024, progressing at a CAGR of 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aisin Seiki Co. Ltd., Akebono Brake Industry Co. Ltd., APC Automotive Technologies LLC, BERINGER SAS, Brembo Spa, Carlisle Companies Inc., Continental AG, Freeman Automotive (UK) Ltd., Wilwood Engineering Inc., and ZF Friedrichshafen AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth

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