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Environmental Analysis of the Impact of the Pandemic on the Auto-mobile Industry

   

Added on  2023-06-15

11 Pages3207 Words68 Views
Assessment 2 Environmental
Analysis of an industry

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Impact of the pandemic on the Auto mobile industry..................................................................3
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10

INTRODUCTION
Environmental analysis is exercise or study done for having access about the current
industry analysis. This report analyse impacts of pandemic on auto mobile industry and also,
develop success band survival factor for the industry with the consideration to mega trends. This
report also discusses the various model or framework that helps the industry towards succession
in the future.
MAIN BODY
Impact of the pandemic on the Auto mobile industry
The pandemic that induced about lock down result and shutting down production at
original equipment. It might be also led with the disruption to the entire value chain of having the
major automotive industries in various countries. Therefore, negatively affected towards the
production of auto spare and having micro, small and medium industries around the world. In
addition, the reduction about the consumer demand vehicles to loss the revenue and serve the
crisis in sector. auto-mobile industry, this could be seemed that many negative registered about
the growth in sales of vehicle categories with the huge decline rate 19.77% fall in sales of
Commercial vehicles and fall in sales of their four wheelers. The largest car maker Tesla, Toyota
cut temporary employee by 5% and following the drop of car (Understanding COVID-19’s
impact on the automotive sector, 2019). The auto sectors which contribute more about facing
year-on-year decline more than their 25% some recent months.
This could be seemed that auto-mobile industry which have certainly the hardest hit
during the covid-19 and eagerly seeking more inventory to sell. Usage for sharing mobility
services and also permits transit about how the regions and the employers which can accept the
practitioners of working from home and recovering slowly. The auto-mobile industry which
seems to be highly impacts on economics and anticipated future behaviour as economics which
find out the best next normal. This also shown about 51% global respondents still state about
they intend to travel less before the covid-19. However, this could be seemed that mobility which
is picking with having the gradually and at different rates and fastest recovery in some countries
(Radic, Radic and Stevanovic, 2020). This seems that UK cars production in UK have been
declined with huge percentage -28.4% and production for the UK overseas the market that
declines about 10 cars still head abroad. Along with this working with many new concepts which
can also keep the industry for working with some better strategies. While the covid-19 crisis

impacts vary from one country to another country and increasing poverty and inequalities.
Assessing more about the impacts of the ongoing pandemic and economies societies which is
one of the fundamental steps forwards the adequate response which help in different societies for
recovering from the growing pandemic. The negative trends which have been spread likely
continue, forecast while having positive and ensure them for working with some better strategies.
In present time, automotive industry which seems to be requires the strategies for keeping their
customer and working with some profit rather than some previous years. In other word,
pandemic has major; impact on global automotive industry fuelled that parts exporters and
manufacturing parts which are closure in parts.
The auto-mobile industry during and after covid-19
Industry is suffering more from financially even before and in running crisis, the world
has also stuck by the covid-19 pandemic. In simple word the negative effect have been overcome
on the auto-mobile industry and which have taken some major loss for various organizations.
Germany, Japan was the major producer and claiming more on top spot. According to research,
decreases in sales around within 12% which being expected in month to come (Wu, Zhang and
Du, 2021). The negative impacts have badly on employee who is working within their
organization. After the covid-19, the government have also taken some major steps through
which they can easily keep developing auto-mobile industry for being more developed. To most
reports, the automotive industry value will be increase by around millions in eight year from now
and this might be also leaded them for working with some better estimated sources.
The role of government.
According to norms, industry which required for understanding about section of
commuters, as in which they cannot make use of public transportation. Along with this will also
lead to having the higher demand for personal vehicles and especially for the two-wheelers and
affordable four wheelers. The recovering stages, manufacturing expert government to ease
emission but that could not have better option through which government is being comfortable.
Succession towards the future in automotive industry.
For instance, UK government which have to set goals and better option so that, industry
can adopt some new technology. As many of the government which is trying to push their
consumer for buying electric vehicles for long time emission laws (Zulkifli, Yazid and
Shamsudin, 2020). To encourage the people, many of banks have also taken some right steps,

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