As the telltale signs of a larger impending economic downturn emerge, we are seeing events like slowing automotive sales, increased inventories, increased incentives and even increased auto loan delinquencies that point to a similar slowdown in the global automotive industry. The ripple effect of these events is causing increased automotive company layoffs, restructuring efforts, and an increased amount of distressed automotive M&A activity, and if organizations continue to face the global downturn with no plan in place, they'll undoubtedly be left behind.
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