An Automotive Slowdown is Imminent: How to Prepare | Eccomelt356.2 | secondary A356.2
The automotive industry has hit a major speed bump. New vehicle sales for the world’s top automakers are encountering their first sustained slowdown (e.g., diminishing sales) since the 2009 recession. This slowdown combined with higher steel and aluminum prices due to tariffs and stiffer emissions regulations across the world, undoubtedly necessitates cutbacks and factory closures. The […]
