Automotive industry outlook 2019 moody’sBecause 1924, Wards has supplied organization intelligence about the automotive business to its important players and the monetary neighborhood investing in it. This Policy Contribution investigates the position of the European automotive market in a scenario in which electrification substantially progresses. Europe can not follow China in the adoption of centrally-planned industrial policy measures. But it definitely can and should do more to stimulate the transformation of its automotive industry by way of far more ambitious policies.

This crisis triggered unprecedented upheaval on the US automobile market, top to a sharp reduction in auto manufacturing. Between 2006 and 2009, the automotive industry lost 300,000 jobs, equivalent to nearly 30% of pre-crisis jobs in the sector. The Indian auto-components market has experienced healthier growth more than the last couple of years. The auto-component market of India has expanded by 18.3 per cent to reach at a level … READ MORE >>>