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.

European factory shutdowns as a result of the COVID-19 crisis have resulted in an enormous production loss.

Just when the industry was beginning to recover from COVID-19 lockdowns, a new supply chain disruption is on the horizon; a global shortage of semiconductor chips.

First of all we hope you, your family members and employees are doing well. We live in unprecedent times and realize that the Corona-crisis has an impact on you personally.  The whole situation creates uncertainty and will mean new challenges and dilemmas, which we have to face together.