Elm Analytics - Automotive Supply Chain Risk Digest #286 - July 29 - August 4, 2022
automotive-risk-digest.elmanalytics.com
EARNING DIP Lear is preparing for a potential economic downturn by cutting non-manufacturing staff and consolidating plants. Inflation in Europe and the US is driving a slowdown in demand for new vehicles. Toyota's Q2 profits tumbled by around 40% compared to last year due to supply constraints and rising costs. Despite the dip, the automaker
Elm Analytics - Automotive Supply Chain Risk Digest #286 - July 29 - August 4, 2022
Elm Analytics - Automotive Supply Chain Risk…
Elm Analytics - Automotive Supply Chain Risk Digest #286 - July 29 - August 4, 2022
EARNING DIP Lear is preparing for a potential economic downturn by cutting non-manufacturing staff and consolidating plants. Inflation in Europe and the US is driving a slowdown in demand for new vehicles. Toyota's Q2 profits tumbled by around 40% compared to last year due to supply constraints and rising costs. Despite the dip, the automaker