August 4, 2021

The Crisis is Over: Time for Automotive Suppliers to Focus on Transformation Again

With the impact of the COVID-19 pandemic becoming less prominent in the media and daily life, and the economy generally showing a continuous upward trend, we wanted to take a look into the financial performance of the European automotive industry over the last few years.

Based on the quarterly financial data of 70 European automotive suppliers (mainly Tier 1) and 20 European original equipment manufacturers (OEMs), we analysed how the industry developed between 2017 and the first quarter of 2021 and which key observations can be derived from the data. 

A&M: Leadership. Action. Results.

A&M has worked with some of the largest European and global organisations to stabilise financial performance, transform operations, capture profitable growth and accelerate results through decisive action. When traditional improvement activities are not enough, A&M’s restructuring and turnaround heritage brings fact-based, action-oriented leadership to transformation and delivers rapid results. Our professionals have both operational and advisory experience, together with a proven track record in leading businesses through tough, complex situations.

automotive suppliers europe
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Authors

Robert Wilcke

Director
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