SUPPLIER EYE

Much has been written about the challenging operating environment within the North American automotive ecosystem. Suppliers and OEMs alike were never trained in business school or past experiences for the erratic trade and legislative environment that they face today.

Since late 2019 and a multi-week strike by the UAW against GM, there has been calamity after calamity impacting our industry. These include the impact of COVID on supply and demand, chip availability, labor shortages, inflation impacts and erratic trade actions that have all suppressed revenue and profits. There is one obvious dynamic impacting the industry: the lack of a stable, expected trade environment is critical to our long-term viability.