Picking Up the Pieces:
The Forecast for 2010
PRESENTATIONS
Sean McAlinden, Ph.D., Executive Vice President, Research and Chief Economist, Center for Automotive Research presentation
Dave Andrea, Vice President, Industry Analysis and Economics, Original Equipment Suppliers Association presentation
Michael Robinet, Vice President, Global Vehicle Forecast Services, CSM Worldwide, Inc. presentation
The industry has emerged from perhaps the greatest crisis in its history intact but dramatically different. Automakers have, for the most part, resumed production at close to historically normal levels, finally generating parts orders from suppliers desperate for revenue. While the "bottom up" supplier crash many feared has yet to materialize, a majority of both automakers and suppliers suffer from fragile financial positions-liquidation and consolidation of the supply base is likely to continue.
While both automakers and suppliers are glad to leave the disastrous business environment of 2009 behind, there are no guarantees the industry won't face similar problems in 2010. This seminar brings together a panel of expert speakers to address the issues most critical as suppliers lay out their business strategies for the coming year:
- An analysis of economic trends and their likely implications for the industry
- A forecast of sales and production, with implications for the supply base
- An analysis of suppliers' access to credit from the financial industry