The corona pandemic-related drop in worldwide vehicle production by 16.2% to 74.5 million vehicles in 2020, sales of automotive supplier Autoneum Management AG, Winterthur/Switzerland, in local currencies fell by 16.2%. In Swiss francs, sales fell by 24.2 % year-on-year to CHF 1.74 billion. The somewhat stronger decline of revenue compared to the market results from a lower share of Asia in Autoneum's total sales. The heterogeneous development of the 1st and 2nd half (H1, H21 of the year was characteristic for the pandemic-driven automotive year 2020. Worldwide lock-downs and production stoppages at vehicle manufacturers led to a market stump in the first 6 months and a corresponding loss in sales for Autoneum. Thanks to the subsequent market recovery and catch-up effects in H2/2020, sales improved considerably compared to H1/2020.
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