Financial Risk In The Automotive Industry
Data And Analysis from Resilinc and RapidRatings
From semiconductor and raw material shortages to demand shifts and new legislation, to strikes and bankruptcies, it’s been a perfect storm of disruptions for the automotive industry. From 2021 to 2022, supply chain disruptions across the automotive sector were up 32% year-over-year. Financial risk in particular has become increasingly prevalent: when comparing H1 2022 to H1 2023, supply chain risks related to bankruptcies in the automotive industry alone were up 255% year-over-year, while profit warnings were up 225%. These kinds of events can impact company revenue, production, supply acquisition, and more.
Leveraging actionable data and launching robust supply chain risk management practices can empower industry stakeholders to navigate the unprecedented volatility and seize opportunities to secure a competitive advantage.
In this in-depth report featuring data and analysis from Resilinc and RapidRatings, we cover supply chain disruptions in the automotive industry, take a deep dive into financial risk, and what organizations can do today to mitigate their risks.
Key Insights:
- Data and analysis on risk across the automotive industry from Resilinc’s EventWatchAI – our 24/7 global event monitoring platform
- Impact of semiconductor and other raw material shortages and supply/demand shifts in the automotive industry
- How to navigate financial landscapes in the evolving automotive industry
- Best practices and solutions to mitigate financial risk in the automotive industry