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Published in: ATZelectronics worldwide 10/2020

01-10-2020 | Guest Commentary

A Last Call for Europe's Car Industry

Author: Philipp Seidel

Published in: ATZelectronics worldwide | Issue 10/2020

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Excerpt

The Covid-19 crisis is putting the car industry into a perfect storm. Global car sales will collapse by 25 % in 2020 and are expected to finish the year at only 65 to 70 million units. During the next three years markets will recover, but original sales targets will be missed by more than 50 million cars in total. For sure, this is creating tremendous challenges and critical situations for vehicle OEMs, suppliers, and dealerships. …
Metadata
Title
A Last Call for Europe's Car Industry
Author
Philipp Seidel
Publication date
01-10-2020
Publisher
Springer Fachmedien Wiesbaden
Published in
ATZelectronics worldwide / Issue 10/2020
Electronic ISSN: 2524-8804
DOI
https://doi.org/10.1007/s38314-020-0262-7

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