Automotive Sector Transformation
The automotive sector is undergoing a fundamental shift in terms of how cars are made, used and financed. Driven by technology, sustainability and changing consumer preferences, this transformation will have major ramifications for sectors globally.
  • 摘要
  • 报告

  • ISSUER IN-DEPTH
    14 Jan 2021|Moody's Investors Service
    The merger of Fiat Chrysler and Peugeot creates a combined entity called Stellantis that has a higher degree of regional diversification than the standalone companies, as well as greater technological and fleet diversification and improved operating efficiency thanks to merger cost savings and Peugeot’s track record of strong pricing and cost management.

    0:00
    0:00
    PODCAST
    08 Dec 2020|Moody's Investors Service
    Elena Nadtotchi and Matthias Heck of the Corporates team and Nana Hamilton of the Infrastructure team explore the outlook for global oil and gas producers, global auto makers, US regulated power utilities, and European unregulated utilities. The oil and gas and auto industries’ capital spending will come under pressure following a coronavirus-induced drop in revenues during 2020, although companies continue to invest in carbon transition. Utilities’ capital spending will remain robust because the pandemic has had less impact on them.​

    07 Dec 2020
    |
    INFOGRAPHIC
    |
    Moody's Investors Service
    .

    OUTLOOK
    07 Dec 2020|Moody's Investors Service
    Our 2021 outlooks for global automotive manufacturers, North American auto parts suppliers and European auto parts suppliers are all stable, driven by our expectations that global car sales will rebound from the trough of 2020. The recovery will be uneven and will take until mid-decade to reach the previous cyclical peak achieved in 2018.

    SECTOR IN-DEPTH
    19 Nov 2020|Moody's Investors Service
    Following their stronger-than-expected operating results in the third quarter, European auto parts suppliers will have to replace the nonrecurring cost savings that drove their recent operating improvements with more sustainable cost measures.
    SECTOR IN-DEPTH
    17 Nov 2020|Moody's Investors Service
    The pandemic will hasten the auto industry’s localization of supply chains and reduce production capacity amid a heightened focus on workplace safety. It will also accelerate the sector’s shift to electrified vehicles as governments use stimulus measures to support decarbonization goals.

    OUTLOOK
    08 Sep 2020|Moody's Investors Service
     Auto shipments plummeted as a result of the coronavirus and are now reaching a bottom. We expect a rebound to pre-downturn levels will be slow, with considerable downside risk. 

    31 Aug 2020
    |
    Infographic
    |
    Moody's Investors Service
    .

    SECTOR IN-DEPTH
    12 Aug 2020|Moody's Investors Service
    Our expectations for a sharp decline in global auto unit sales this year and uncertainty over the pace of the subsequent recovery will pressure global automotive parts suppliers.