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"Big Business" N ° 60: the world revolves around the automobile

2021-07-17T07:41:07.530Z

SUBSCRIBER EXCLUSIVE LETTER - Fall in demand, production constraints, inflation phenomena, the puzzle of ecological transition ... the automobile concentrates the challenges of the moment.



Dear subscribers,

Technical progress, societal changes, economic growth ... the automobile has always said a lot about an era.

And this is still the case today, even though this product, renamed by its manufacturers "object of mobility" no longer necessarily the favor of public opinion.

Take the automotive market first.

This market demonstrates the violence of the crisis that we went through with the pandemic, a crisis that other sectors seem to have already forgotten.

On the car sales side, the Covid is far from being erased.

While the level of registrations has rebounded sharply from 2020, it remains, in Europe, well below its levels of 2018 and 2019.

Evolution of new car sales in Europe.

ACEA

The problem is not only a problem of demand, but also of supply.

The automotive sector is, along with construction, the most affected by the shortages of materials and components - especially semiconductors - which are affecting the global economy.

These shortages weighing on the recovery have become so worrying

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Source: lefigaro

All business articles on 2021-07-17

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