What challenges automakers face to overcome today’s crisis. Is a happy era over?
The auto industry has been one of the most admired and envied entrepreneurial activities since the post-war period, arousing passion, dynamism, freedom and a sense of affirmation in their customers. Among the first truly globalized and globalizing companies. Today, however, things are changing.
Having a car in the 60s was generally a fairly high goal for ordinary people, which gave many a sense of well-being of their family and a social revenge after the dark years of the war.
In the following years the machine took on different symbols : social and class struggle, passion for a brand like a football team, a means of work in transformation, a tool for female emancipation and a means for youth independence.
For each period of our life, the automotive industry, more than others, has been able to interpret the social needs , expectations and dreams of its customers, becoming a global company, with a growth in sales at a rate such as to financially support the continuous evolutions of the sector.
In recent times many clouds have thickened over this industry , due to strong changes that could undermine the stability of the automotive giants. Let’s see some:
In the face of all this, the automotive industries are rethinking their future scenario by questioning some previous forecasts.
Strict compliance with the environmental regulations imposed by many states, not least Europe, had imposed a rapid transition to the electric car , which today is seriously questioned due to a decidedly declining market, which does not allow to generate revenue in line with planned investments.
Therefore, postponing the completion of projects related to electric mobility , which had placed car manufacturers in front of onerous but ambitious choices, is putting a strain on not only the primary sector, but also the related sector, consisting of the supplies of raw materials, the spare parts, plant engineering, logistics, distribution, financial structures, engineering.
Furthermore, there could be a contraction in the workforce of the evaluable sector, according to ACEA , which represents the association of European manufacturers , in 14 million units in Europe.
A social problem before an industrial one.