Congress

How industry will overcome growing list of challenges

Sr
By:
Staff report
July 27, 2020 04:00 AM

The European auto industry faces a long list of challenges: stagnant growth, tightening environmental regulations, and a transition to electrification and other capital-intensive technologies.

This spring, the coronavirus pandemic shuttered factories and showrooms, and disrupted supply networks, leading to a virtual halt to sales in most of Europe’s largest markets. Sales and production are starting to rebound, but the prospects for a quick recovery seem mixed.

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