2022 North America Automotive Market Update

July 14, 2022

Automotive Industry Trend 2022 Report

It is no secret that 2022 is creating many difficult scenarios for the automotive industry. At mid-year, while many companies are re-analyzing their 2022 financial plan, we at Seraph have gathered essential data to help support you as you plan for the remainder of this year and next.

This report will help you understand what the North American supply base will look like over the next 12 months. While the automotive industry has gone through volume reductions and difficult times before, our report will describe how the challenges we face today are much different.

Please take a look at our full report from the link at the bottom of this article. This report will show that the reduction in anticipated volumes is causing suppliers, who budgeted for 16.7 Mio vehicles to be produced, to delay or stop capital and employee investment; thereby creating risk for OEM launches.

We hope you view this information helpful, which provides a deep, data driven understanding of the current condition of the tiered supplier and OEM market. The data, which was collected from our teams in the field and data collected by Production.Net, supports our analysis and thorough understanding of the complex layers of our industry.

Please let us know if you would like to discuss the North America Automotive Market Update Report or to learn more about Seraph.

Thank you for your time.

Click Here To View The Report

 

About Seraph 

A global enterprise consulting firm that partners with business leaders to handle their most complex problems in areas such as supply chain, operations, and manufacturing challenges while delivering long-term operational and leadership improvements. Seraph has extensive on-site industry experience in the automotive, private equity, defense, medical device, electronics, energy infrastructure, and engineering sectors. The Seraph leadership team brings vast expertise across; crisis management, mergers, acquisitions, due diligence, restructuring, turn-around services, product launches, and logistics. Our four-phase process has been proven to provide quick payback and positive ROI, which is measured throughout customer engagement. Learn more at www.seraph.com and follow Seraph on LinkedIn.

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