Five ways 2021 may have forever changed the auto industry
WEBDec 31, 2021 · The automotive industry may never be the same after 2021, an infamous year that brought massive changes sparked by supply chain issues and the coronavirus pandemic. The supply chain issues...
Automotive industry in the United States - statistics & facts
WEBWith over 1.53 trillion U.S. dollars in revenue from road vehicle and parts retail trade, the sector has swiftly recovered from the COVID-19 pandemic. However, the global automotive chip...
Automotive industry after COVID-19 | McKinsey - McKinsey & Company
WEBJul 16, 2021 · From the third quarter of 2020 through the first quarter of 2021, automakers around the world have seen rapid (and in some cases, record) levels of production. As with multiple industries across geographic regions, the pandemic has brought a great acceleration of the trends across the mobility value chain that were building before it …
Automotive industry worldwide - statistics & facts | Statista
WEBMay 16, 2024 · The automotive manufacturing industry generated approximately 2.52 trillion U.S. dollars in revenue in 2022, a decrease from 2021. However, this market size is expected to grow in 2023.
WEBIn 2021, the automotive industry was awash in change— driven by investment trends, new goals set by the Biden-Harris administration, and international electric vehicle–focused developments.
Automotive Industry: Year in Review 2021 – Publications
WEBJan 26, 2022 · The automotive industry was awash in change in 2021, driven by investment trends, new goals set by the Biden-Harris administration, and international electric vehicle developments.
NADA Issues Analysis of 2021 Auto Sales, 2022 Sales Forecast
WEBJan 11, 2022 · Today, the National Automobile Dealers Association (NADA) issued its analysis of 2021 U.S. auto sales and the economy. “The major theme for new-vehicle sales in 2021 was constrained inventory,” said NADA chief economist Patrick Manzi.
Automotive industry trends: PwC
WEBIn 2021, for instance, nearly 30% of all auto supply deals (66% in terms of deal value) were initiated by financial investors, with most of the biggest deals focused on EV and advanced driver assistance systems (ADAS) components, according to the same analysis.
2021 Auto Sales Wrap-Up Analysis: Who Won, and Who Lost?
WEBMar 6, 2024 · The mighty rose and fell in the auto industry in 2021. A critical shortage of microchips helped determine winners and losers in U.S. sales for the year more than any other factor.
Industry Insights: Top 2021 Automotive Market Trends - Gartner
WEBOct 11, 2021 · Industry Insights: Top 2021 Automotive Market Trends. Published: 11 October 2021. Summary. COVID-19 added to automotive companies’ financial burden. But the pandemic is also becoming an accelerator in some technology areas, as OEMs adapt their strategy to a new reality.