The restarting automotive industry
As the automotive industry around the world comes to terms with the consequences of Covid-19 and begins to slowly return to work, Mazars experts around the world provide insights about the impact of the virus, government measures where they are and their views on what happens next.
Government intervention to restart the automotive industry: a global perspective
03/06/2020 Covid-19 has caused automotive factories to close and sales to slump. In response, governments have intervened in different ways around the world: in some countries policymakers have moved quickly to lessen the economic burden on auto businesses, while in others they have been slower off the mark.
To gain a better understanding of the global outlook, we collected information from Mazars’ experts in Brazil, China, France, Germany, India, the UK and the US to learn about local government measures ranging from the relaxation of taxes to green vehicle subsidies.
To gain a better understanding of the global outlook, we collected information from Mazars’ experts in Brazil, China, France, Germany, India, the UK and the US to learn about local government measures ranging from the relaxation of taxes to green vehicle subsidies.
The restarting automotive industry: global measures, trends and outlook
The automotive industry has been hard hit by Covid-19, as lockdown measures closed dealership doors and shuttered factories and production lines around the world. As the industry cautiously gets back to work, we asked Mazars experts in seven countries about what’s happening where they are, how production and sales are affected by the virus and the government support that is available.
What we discover is a challenging outlook for the industry as it restarts production amidst unprecedented local and global conditions and navigates varying levels of government support and intervention.
What we discover is a challenging outlook for the industry as it restarts production amidst unprecedented local and global conditions and navigates varying levels of government support and intervention.
The restarting auto industry: Global responses
15/05/2020 As the automotive industry around the world comes to terms with the consequences of Covid-19 and begins to slowly return to work, we asked Mazars experts in seven countries about the impact of the virus, government measures where they are and their views on what happens next.
The road ahead: learning from the restarting automotive industry in China
27/04/2020 China is the first country to restart its automotive production - following the outbreak of Covid-19, and while cultural, economic and social differences exist, the experience there could shed light on the road ahead for Europe and the US.