With the coronavirus pandemic causing a level of automotive plant shutdowns not seen since the second world war, suppliers and logistics providers will face failures without direct support from government, and close collaboration with OEMs and industry.
Measures to contain the coronavirus global pandemic in Europe and North America have decimated the automotive supply chain over the past week. Automotive suppliers and logistics providers face an unprecedented disruption to their operations and livelihood, with many likely to depend on government and industry support to survive.
If many supplier and logistics firms go to the wall, the automotive sector will be dealt another blow as it struggles to resume operations and respond to eventual recovery.
This is analysis is produced as part of ECG Business intelligence, a new collaboration between the Association of European Vehicle Logistics (ECG) and Automotive from Ultima Media.
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