The recent outbreak of Covid-19 has had more than a negative medical effect around the world, but a market fall.
Since the virus broke in China multiple businesses around the globe have begun to suffer.
Many businesses have imported goods from China; however, the risk of infection has forced many vendors to switch their source of goods.
According to The China Passenger Car Association (CPCA) car sales have seen a decline since early February.
Domestic sales have plummeted by 96% and most dealerships remained closed as a precaution.
Studies show that businesses are dealing with lost revenue and distorted supply chains, as a result to the factory shutdowns across China.