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May 2020 edition

EUROPEAN AUTOMOTIVE EU car sales sink to record-low levels New car registrations in Europe fall 76% in April as coronavirus lockdowns hit sales European automotive sector calls for vehicle renewal incentives to kickstart economic recovery after COVID-19; 25-point action plan Europe’s 4 Auto Associations Propose Restart Plan Interactive map: Production impact of COVID-19 on the European auto industry 298 automobile factories operating across Europe, new data shows UK: Automotive manufacturing sector ready to ramp up production, as SMMT publishes safe restart guidance INTERVIEW OF THE WEEK Our latest Audio Interview features Egge Haak. Mr. Haak is Managing Director of Netherlands-based Involvation, a leading consultancy and implementation firm that is focused on improving the supply chain and its management. They have teamed up with Netherlands-based Flostock on a series of Private Webinars on “Taming the Bullwhip” for the global automotive supply chain. Listen to Egge Haak Interview here EUROPEAN AUTOMOTIVE (continued) ... Electric car sales in Europe jumped 57% in Q1 2020 EU: Personal data: Connected vehicles not the same as smartphones, says auto industry Poland: Quarterly report by PZPM and KPMG "Automotive industry. Edition Q2/2020" COVID-19: UK industry focus - Where next for automotive? French auto industry assistance will promote clean cars Record -97.3% fall for UK new car market in April as coronavirus shuts showrooms German auto lenders under scrutiny as Covid-19 crisis hits car values Economic and Market Report: state of the EU auto industry - Full-year 2019 Russia Ramps Up Smart City Infrastructure Bosch: CO2 Targets Need Carbon-Neutral Liquid Fuels VW Brings First Commercial Duty BEV to Market THOUGHT LEADERSHIP This Interview features Aakash Arora, Managing Director and Partner of Boston Consulting Group’s Boston office, and is a core member of BCG’s Automotive practice area and the Automotive & Mobility sector. He is the global topic leader for electric vehicles for the firm, and the North America lead for BCG’s Center for Digital in Automotive. Listen to Aakash Arora Interview here This Interview features Miro Parizek. Miro is Principal Partner at Hampleton Partners, a tech M&A advisory firm with offices in London, Frankfurt, Stockholm and San Francisco. He has closed scores of transactions in over twenty countries spanning five continents and has extensive experience across a wide range of technologies. Listen to Miro Parizek Interview here Listen to over 100 Interviews with Experts on global automotive related topics: View over 100 Interviews here

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SUPPY CHAIN AND TRADE

COVID-19 has only strengthened Europe’s resolve to build its own battery metals supply chain Trade minister challenges European push to repatriate supply chains Key Factors Impact Supply Chain and Logistics Industry Transformations in Europe Challenges in store for UK supply chain Fasten Your Seatbelt! Managing Upcoming Volatilities in the Automotive Supply Chain (white paper) More Than a Crystal Ball – The credibility of market forecasts: The Lehman Wave till 2012 Is the pandemic revealing Romania’s potential to become an EU supply chain superhub? China-Europe rail freight services buck falling volumes trend Cancelled Asia-Europe freight fixtures to pressure rates lower – sources Free trade and Mercosur on the agenda for the German EU Presidency

Listen to over 30 Interviews on global supply chain and purchasing related topics.

Visit SCM & Purchasing Interviews page here

PRIVATE WEBINAR SERIES - For Tier 2 and Tier 3 Suppliers

"Managing Upcoming Volatilities in the Global Automotive Supply Chain: Taming the Bullwhip Together"

Learn More or Register for Webinars here

Each Private Webinar includes up to 5 companies, and INVOLVATION conducts pre-webinar analysis to avoid competitors to your company from being part of your event. To qualify, your company must have annual sales of $100M or more. Each Private Webinar covers: Introduction Managing Bullwhip Volatility: Lessons learned from 2008/2009 A round of actual observations in the automotive supply chain: Round of input from participants What is different now: Discussion on differences between Credit-crisis of 2008 and the actual Corona-crisis Bullwhip Response Team: A possible approach. Presentation by Involvation with discussion Contact us for free documents: "Fasten Your Seatbelts! Predict, Prepare and Respond in Automotive" download here. "More Than a Crystal Ball – The credibility of market forecasts: The Lehman Wave till 2012” article by Robert Peels (Flostock) download here.

Webinar dates: May 20 May 27 June 3 June 10 June 17 June 24

To learn more or to register for the Private Webinar, visit here now!

MANUFACTURING & ECONOMY

European Foundry Industry Sentiment, April 2020 German Cast Production 2019 and Outlook 2020 Report: 30 years of American investments in Poland Understanding Why Foreign Companies are Choosing the Netherlands Central European manufacturing hammered by virus in April Factories Fire Up in Europe to Pull Economy Back From the Abyss Fitch Revises France's Outlook to Negative; Affirms at 'AA' Economic Key Facts Germany Chief Economist's note: The UK's deepening sectoral divide

FINANCE, TAX, LEGAL AND M&A

Europe is worried about Chinese corporate takeovers tied to Covid-19 COVID-19 in Germany: Back to Business after the Lockdown – Guidance for Employers US Lenders Cautious About Making European Loans Amid Pandemic Business and Human Rights: Mandatory human rights due diligence – European Commission to introduce a legislative initiative by 2021 Remote working in Germany and the Netherlands COVID-19 - Mutual Tax Agreements Switzerland and France conclude tax deal for cross-border 'home workers' Russian M&A Overview 2019 EU firms hit by coronavirus can get loans of up to 5% of turnover: source

HR & TALENT MANAGEMENT

Why Germany's reduced hours scheme won't work long term UK: Changes to the Job Retention Scheme Germany keeps companies from lay-offs with shorter working hours, subsidies COVID-19: Germany Update — Office Reorganization When Employees Return From Working at Home How to travel in Europe in the era of coronavirus Europe Travel: Good (And Bad) News About When You Can Visit Germany: Record number of workers on reduced hours Poland's unemployment unlikely to exceed 10 percent this year - fund CEO How the coronavirus crisis destroyed work-life balance in Spain

Listen to over 30 Interviews on international HR related topics.

Visit HR & Talent Management Interviews page here

This Audio Interview features Nicole Sahin, Founder and CEO of Globalization Partners. Ms. Sahin’s mission is to eliminate barriers to doing business internationally and building global teams. Her innovative solution combines people, expertise, and technology to empower companies to hire anyone, anywhere within a few business days – without the need to set up in country branch offices or subsidiaries.

Listen to Nicole Sahin Interview here

EVENTS

PRIVATE WEBINAR SERIES by Involvation and Flostock Apply to participate on any of these dates: May 20, May 27, June 3, June 10, June 17, June 24 "Managing Upcoming Volatilities in the Global Automotive Supply Chain: Taming the Bullwhip Together” for Tier 2 and Tier 3+ suppliers To learn more or to register, visit here. WEBINAR (June 10): by Wards Intelligence "2020 Q2 Wards Intelligence Outlook Conference" To learn more or to register, visit here. SUMMIT (August 12) by MEXICONOW "Mexico's Manufacturing Supply Chain Summit" To learn more or to register, visit here. SUMMIT (November 12-13) by Reuters Events " Automotive Summit & Exhibition" in Detroit To learn more or to register, visit here. SUMMIT (December 9-10) by MEXICONOW "Mexico's Auto Industry Summit" To learn more or to register, visit here.

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