1、NOWNEXT What to do Now, What to do NextCOVID-19: Impact on the Impact on the Automotive Industry: Automotive Industry: Navigating the Human and Business Impact of COVID-19 May 2020 01 Covid-19 External shock: One of the first pandemics of its kind that is forcing the automotive industry to re-think
2、its business 02 The Disrupted Automotive Value Chain What is the impact of Covid-19 on the automotive value chain 03 Rapid Response and Key Imperatives How to address current disruptions and prepare for the new normal Disclaimer: Facts and figures as of March, 24th2020 3 In many respects, the automo
3、tive industry is essential for the global economy and the resulting prosperity: Links to other industries: The automotive industry is a critical component of economic growth with extensive interconnections to upstream (e.g. steel, chemicals, textiles) and downstream industries (e.g. repair, mobility
4、 services). Employment in the automotive industry: With nearly 14 million people employed in Europe and 8 million in the US, as well as approximately 5 million in China, the figures highlight the importance of the sector. Economy: The turnover earned by the automotive industry exceeds 7% of EU GDP,
5、3-3.5% of the overall GDP in the US and 10% in China. Although it is currently a difficult time, the OEMs that are able to mobilize their COVID-19 response and take swift actions will be in a better position post-event and more resilient going forward. Global economies are heavily dependent on the a
6、utomotive industry Copyright 2020 Accenture All rights reserved. Sources: Accenture Research analysis based on European Automobile Manufacturers Association, Stats.Gov.Cnh 4 The epidemic places even more pressure on the automotive industry Copyright 2020 Accenture All rights reserved. The automotive