For the automotive industry, gone are the days of locally manufactured cars. In the global marketplace, to stay competitive as a car brand means outsourcing parts and materials from around the world and even assembling different parts in different countries from where the car will actually be sold. This process describing a long supply chain that gathers resources and car parts … [Read more...]
Coronavirus Outbreaks in China, Threatens the Automobile industry
The deadly Coronavirus outbreak has crippled Chinese citizens and their very industrial capacity. China is a crucial player in the automobile global supply chain and economy, and the crisis has forced its authorities to extend the shut down of one of its main provinces. Wuhan, which is one of the automobile industrial hotspots, has been affected the worst. Most of the auto … [Read more...]
