China auto show forging ahead under anti-virus controls
Auto executives are flying in early to wait out a coronavirus quarantine ahead of the Beijing auto show, the year's biggest sales event for a global industry that is struggling with tumbling sales and layoffs. (AP Photo/Mark Schiefelbein)BEIJING – The first event for the CEO of Swedish electric car brand Polestar at this month’s Beijing auto show: A two-week quarantine in a hotel. Chinese sales have rebounded to pre-pandemic levels while U.S. and European demand is weak and the industry struggles to reverse multibillion-dollar losses. China's auto industry has largely recovered since the ruling party declared victory over the disease in March and allowed factories and dealerships to reopen. The last Beijing auto show in 2018 had 1,200 exhibitors from 14 countries and 820,000 visitors, according to organizers.