Challenges faced by the auto sector in 2019

In terms of job cuts, 2019 turned out to be one of the worst years for automotive staff around the world. Decreasing vehicle sales in the face of predictions of economic slowdown and a tectonic change in automobile development has taken a toll on the automotive industry. As a result, manufacturers have resorted to major cost-cutting to increase efficiency as they plan for the next wave of mobility. While worldwide vehicle sales decline after a....