12/10/2024

Seven automakers released reports that show light vehicle sales increased 11 percent in November in the US.

Also, US annual vehicle sales are expected to rise 6% from a year ago to an annualized rate of $16M.

Progress for an industry on the brink.

‘- ation challenges’ have been real.

Inflation

Electrification

And I’ll throw in there, OEM CEO ‘compensation’ …. (the gap has gotten just too far with the rest of the workforce … too much at the top, and more needs to be distributed throughout).

Could it be … that opportunity is abundant … even in spite of ‘doom and gloom’ and ‘fear’ that sells so, so well?

The automotive industry is THE foundation of the American economy.

The heartbeat of manufacturing.

And it’s going along fairly well right now.

Some Tier Supplier CEOs will properly read the tea leaves, and invest, and race ahead of the pack, winning the big new programs on the horizon.

Other Tier Supplier CEOs have a different view, and are pulling back, fear of investment … worried about inflation.

If you are an employee, look at your organization, is investment taking place?

If so, today, for the near-term, the ones investing are the ships to ride.

The worst appears to be behind us … for now.


37-42, clouds, and puddles from yesterday’s rain … just blah.


Make it a great day, everyone!


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SCN – Search Consulting Network