Business intelligence report: Auto sector switches to reverse gear amid Covid-19 outbreak

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The automotive industry has been impacted the most by COVID-19 globally and this will have a domino effect on global production. Both OEMs and Tier-Is are plagued by supply-chain disruption resulting in a heavy delay in production. Companies are not expected to onboard any major manufacturing or engineering projects over the medium term until the pandemic fades.

 

Largest automakers Nissan, Volkswagen, Hyundai, etc. have suspended their productions in the wake of coronavirus outbreak and are turning to digital solutions. IT service providers are analyzing such trending opportunities via business intelligence tools and realigning their offerings with best-in-class tech solutions.

25th March, 2020