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ARTICLE · 01 JULY 2021

Current Trends In The Automotive & Mobility Industry

Dickinson Wright PLLC
Dickinson Wright PLLC
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Dickinson Wright PLLC

Dickinson Wright PLLC

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As post-COVID recovery accelerates, the automotive and mobility industry has been on an upward trajectory, rebounding faster than expected from the extensive shutdowns that began in March 2020.

United StatesStrategy

As post-COVID recovery accelerates, the automotive and mobility industry has been on an upward trajectory, rebounding faster than expected from the extensive shutdowns that began in March 2020. US sales have proven resilient, and most worldwide OEMs report their vehicle production is now 90% pre-COVID levels and growing.

Challenges, however, within the industry persist, and the supply base is increasingly fragile. Dickinson Wright's Ted Sylwestrzak (Member, Detroit) recently moderated a panel presentation analyzing the current opportunities and headwinds in the automotive and mobility industry. The panel discussed various topics, including chip shortages, commodity shortages, and the future of vehicle electrification. 

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