The automotive industry is suffering from declining sales of combustion engines, a ramp-down driven by electromobility, the Diesel scandal and the Covid-19 crisis.
For the first time, this industry – where growth has always been taken for granted – can no longer play the old tunes of “better, faster, and always more”. Instead, everyone is now being faced with decreasing numbers, struggling suppliers and the collective transformation of an entire industry. And the consequences of Covid-19 are fuelling this development, leading to the build-up of a true Tsunami of insolvencies.
At the same time, we observe that many players in the market have not yet adapted their strategies and on the contrary seem to follow the beaten path. In this webinar, we will share our observations, analyse the unpromising conventional strategies and line out a ramp-down management programme using Market Design.