The top priority for many luxury carmakers is to safeguard their employees’ health and peace of mind, as well as maintain regular and transparent communication with their stakeholders
As it stands, the luxury automotive industry—like the rest of the luxury industry in general—is not in good shape. Major car-producing countries, such as the UK, Germany and Italy, are in lockdown owing to the covid-19 pandemic.
Across the UK and northern Italy, manufacturers from Goodwood to Maranello remain shut. To our knowledge, only a handful of factories in Munich and Stuttgart remain open, but for how long more is anyone’s guess.
But even before the pandemic hit Europe, there were already rumblings of supply chain disruptions from component manufacturers in China.
Despite all this, carmakers that CNA Luxury reached out to said they remain cautiously optimistic for the remainder of 2020, with many hoping to pick up where they left off once the worst of the crisis is over.