ALL >> General >> View Article
Covid-19 Impact On The Automotive Sector
This is the 40th edition of our regular COVID-19 reports covering the automotive sector. It covers a review of the global light vehicle market in 2021 and GlobalData’s current forecast for 2022. Information is as of 20th April 2022.
March’s sales result was in keeping with the mounting headwinds that have been observed and is not helped by comparison with a relatively strong base. North America was also weak, with market weakness there dominated by ongoing supply issues. Asia was more resilient, with China’s market holding up reasonably well. However, lockdowns in Shanghai due to increasing COVID rates threaten that resilience and will also have economic implications for China and the rest of the world given the city’s role as a trade and economic hub.
Pressures are mounting in automotive markets. Supply constraints are ongoing and further complicated by the Russia-Ukraine conflict limiting supplies of vital components. The conflict, the terrible human cost aside, threatens wider macroeconomic contagion. The downside risk of mounting inflation proving to be more than transitory looks like it will come to pass thanks to the oil price shock and commodity price pressures due to the Russia-Ukraine conflict.
Click for Detail report:
https://www.globaldata.com/store/report/covid-19-impact-on-automotive-industry-theme-analysis/
Add Comment
General Articles
1. Ace Terra – High-rise Apartments In Noida Premium Living By Ace GroupAuthor: ace terra,ace terra greater noida, ace terra s
2. Salesforce To Dynamics 365 Migration Guide
Author: brainbell10
3. Top Publishing Trends Every Author Should Know This Year
Author: Donald Dietrich
4. Revolutionizing Industrial Production Practices With Additive Manufacturing Or 3d Printing Techniques
Author: Philip Hauges
5. Transform Your Manuscript With Expert Publishing Support
Author: Lavonne Waelchi
6. Common Sense And Wise Advice To Overcome Issues Of Ultra-wealth Pressures
Author: Chaitanya kumari
7. Digital Marketing Blueprint For Small Businesses In 2026: A Practical Roadmap To Sustainable Growth
Author: Pawan Reddy
8. Engineering The Future Of Wireless: Small Cell Drafting And Pole Loading Expertise
Author: Itech Lance
9. Streamlining Telecom Infrastructure Approvals With Expert Permit Drawing And Drafting
Author: Itech Lance
10. The U.s. Elevator And Escalator Market Is On The Rise
Author: Pujitha
11. Precision-driven Telecom Network Drafting And Consulting For A Connected World
Author: Itech Lance
12. Web Design Company India | Sathya Technosoft | Web Design Services
Author: SATHYA Technosoft
13. Rugby World Cup 2027: Manie Libbok Finds Mental Reset During Japan Rugby Stint
Author: Rugby World Cup 2027
14. What Is Complex Care In Nursing?
Author: Jean Marie
15. Mobile App Development Company In California - Building Apps People Don’t Want To Delete
Author: Akansha






