Leadership In The Perfect Storm: The Case Of The Automotive And Mobility Industry
THE PERFECT STORM
- 2022 started off as a very particular year for the automotive industry for several reasons. After a horrible 2020 and a feeble 2021, the rebound in orders has been strong but blocked by many factors, and the future looks uncertain.
- The war in Ukraine is another very important risk factor, as it has sent energy prices skyrocketing, caused disruption in the wiring industry concentrated in the region and pushed further up the price of raw materials
- On the supply side, the pandemic is still looming over many countries, notably China, disrupting supply chains and impacting customer choices. Beijing has indeed adopted a zero Covid policy which can imply the shutdown of entire cities and production centers in case a few cases arise, affecting greatly the supply of components and relevant markets of origin and destination
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