When the Covid-19 crisis is over, what ‘new normal’ can automotive suppliers expect to emerge?
By Ian Henry2020-03-19T11:08:00
As the global automotive industry faces shutdowns, for who knows how long, it is worth considering how it might change or evolve once the pandemic’s peak has passed. Some companies, from vehicle companies down throughout the supply chain, may well go under, owing to the financial shock which Covid-19 is causing.
As borders are erected within Europe, and potentially soon in North America (as the US may well go into lockdown soon), and global supply chains come under increasing strain, it seems likely that international companies will re-examine existing supply chain structures and whether they can be maintained…