China auto sector braces for hefty virus impact, hopes it will be short-lived
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SHANGHAI/BEIJING (Reuters) - The new coronavirus epidemic is likely to wreak havoc on China auto sales and production in the first quarter, but it is too early to push panic buttons as ground could be made up later in the year, industry executives said.Showroom traffic is expected to be sparse when extended Lunar New Year holidays end as much of the population is steering clear of public spaces, while output is set to plunge in the short-term.That is particularly true of Hubei province, the..