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After recent warnings for a global shortages of semiconductor chips, car manufactures will be tested even stronger. In the last week it became clear on top of the challenges with semi-conductors, many brands are anticipating also shortages of battery cells.
Many trading regulations were applicable in 2021 and, similar to every year before, some of these rules and legislation will change per 1st of January of the new year 2022.
In countries where the lock down is flexible, we see the automotive is slowly getting better. The consumer confidence is increasing and as first the occasion market restores.
We all see the terrible situation unfolding in Ukraine. From a humanitarian perspective, a truly immeasurable tragedy. Our hearts and minds go out to everybody affected by these devastating circumstances.
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