Some analysts believe the car ownership model could soon be back in the ascendancy due to COVID-19. Suddenly, ride-hailing and other shared mobility options seem less appealing to many of us. What impact is this having on the automotive industry and are there any supply chain implications?
Many dealerships and independent service centres were finding it hard to make a profit long before the COVID-19 pandemic hit. Now, as the post-lockdown pipeline starts to refill, there is still time to do things differently.
The Covid-19 pandemic has had a cataclysmic effect across all sectors, forcing manufacturers to react quickly to continue to meet market demand. In the first of a series of thought leadership, Vendigital’s new Partners and Director share their views on...
Vehicle manufacturers and Tier 1 and 2 component manufacturers should avoid severing relationships with businesses further down their supply chains and look for ways to support them on the way to recovery. Doing so could give them a competitive advantage as the pandemic starts to subside.
Re-making, re-engineering, and transformation are all terms the auto retail sector was discussing before the crisis. The corona virus is offering a real opportunity to turn this rhetoric into reality. If there was ever a moment “not to waste a crisis”, it is now.