BEYOND COVID19 project has been develop examining and explaining the automotive market trends, considering the disruptive impact of Covid-19. The mission is to help our clients, surrounded by tangible uncertainty, in making balanced and fair business decisions.
To survive the crisis and emerge even stronger, car manufacturers players must adapt to the new reality. The process of adaptation entails the implementation of disruptive changes, reformulation of supply chains or even an industry’s structural shifts.
Many changes will be company-specific, but some common themes could emerge:
The go-to-market approach may evolve, with end-to-end solution options and delivery.
Companies may need to revise their manufacturing strategy by redesigning their geographic footprint. This involves moving to multi-plant or multi-region production to reduce risk or near-shoring production for similar reasons.
Simultaneously, companies may refine their sourcing strategy, such as by near-sourcing or multi-sourcing from different suppliers and geographies (locations).
Mergers and acquisitions might increase as the industry consolidates, offering more opportunities for financially robust players.
FORECAST COVID19 2020-2022
We are examining and explaining the Automotive market trends, considering the disruptive impact of Covid-19. The mission is to help our clients, surrounded by tangible uncertainty, in making balanced and fair business decisions.
Taking into account a wide range of factors, we develop market projection for the period 2020-2025 based on the effects of three index developed by our Research Team, the Base Trend Index (pre-Covid19 outlook), the Disaster Covid-19 Index (impact of anti-covid19 actions) and the Recovery Route Index (economic impact on our sector).
To be part of the project, please contact us.
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Australia 2020. Sales fall 13.8%, while Toyota successfully holds (-0.5%)
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Australian vehicles market falls affected by the worldwide COVID-19 pandemic. Indeed, Full Year 2020 sales have been 916.878, down 13.8% compared to 2019. The leader Toyota remains almost flat (-0.5%), while Mitsubishi plummets 29.9%. Market Trend The Australian car market has been hit in 2020 by the worldwide COVID-19 pandemic, which has impacted sales significantly. […]
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