There are opportunities to be had for automotive companies that survive the coronavirus pandemic. However, those companies need to take decisive action on restarting, reshaping and reimagining a supply chain that will change quite significantly and is likely to be characterised by greater localisation…
There are opportunities to be had for automotive companies that survive the coronavirus pandemic. However, those companies need to take decisive action on restarting, reshaping and reimagining a supply chain that will change quite significantly and is likely to be characterised by greater localisation. Speakers at the recent Livestream event from Ultima Media focused on automotive supply chain in India talked about the importance of the supply of labour, cashflow and parts supply
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Tesla is battling parts and labour shortages as it tries to recover its manufacturing capacity in Shanghai, China in face of widespread Covid-related disruption
Covid restrictions in Shanghai are hitting operations for a number of carmakers including SAIC, GM and Tesla and VW, as well as their tier suppliers, with some looking at keeping workers on site for the duration of the lockdown
The spread of Covid-19 in South-East Asia and ongoing semiconductor shortages mean Toyota is having to reduce vehicle output from its global assembly plants by 40% next month
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