Covid-19, automotive industry, automotive sector, automotive companies, General Motors, supply chain, automakers
The Covid-19 pandemic has had a significant impact on all industries. While the tourism sector, as well as the aeronautics sector, has been particularly affected by the pandemic, several other sectors are also facing a similar crisis. This is particularly the case with the automotive industry. The effects are all the more important as the unemployment rate is constantly increasing in the main developed economies, including the United States, which will force individuals to reduce their consumption and spending, automatically leading to a sharp drop in unemployment and the demand for cars.
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