There is global pent-up demand for new cars, after sales deteriorated sharply in 2020 due to the pandemic. Government schemes also support the recovery, backing the transition to lower emission vehicles and e-mobility in many markets.
However, prolonged semiconductor shortages and/or another surge of the coronavirus pandemic could delay vehicle production recovery in 2022, deteriorating the credit risk situation of many suppliers.

Download our latest Automotive Industry Trends report, providing insights into sector business performance and credit risk. Download report