Impact of Covid-19 on Automotive Sector

Covid-19 outbreak has badly affected the automotive industry across the globe. The automotive industry is dependent on various allied industries such as iron, steel, glass, plastic rubber etc. It is estimated that the global automotive industry would witness a decline of almost 30% through 2020. Initial days of the pandemic disrupted the supply chain and now a sharp decline has led the industry into a big question about the recovery. To know more specific impact on the industry fill the required information and we would be happy to assist you.