SUPPLIER EYE

Entering a post-COVID phase may seem easy compared to the required actions and commitments the industry faced just a couple of months ago. Collectively, the ecosystem of OEMs, suppliers, dealers and even consumers adjusted well to an incredibly stressful period. With production restarted we turn to the road ahead. From a strategic perspective, understanding what has changed and what is constant is critical. All players undoubtedly will have to re-examine the situation.

Recently, IHS Markit and the Center for Automotive Research (CAR) completed a joint whitepaper focused on the Supplier Strategy Reset. This review is driven by significant shifts in available capital, new forecasts for the vehicle sales trajectory, ongoing legislative and regulatory initiatives, and expected market-condition changes.