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Impact of the Russian-Ukraine War on the Automotive Industry in Europe
Supply chain problems - rising production costs - delivery delays
2022/05/06
Table of contents
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Summary
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German OEMs in Russia
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Impact on the European automotive industry
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Delayed new car delivery in Germany
Summary
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| Production Capacity Distribution of Automotive OEMs in Europe (Source: MarkLines - Capacity Distribution) |
As Germany is one of the most important car manufacturing countries in the world, this report will mainly focus on the impact of the Russian invasion of Ukraine on the German automotive industry, which is an important pillar of the German economy.
On March 3, the VDA (German Association of the Automotive Industry) announced that it supports the sanctions of the EU on Russia and Belarus. The sanctions are having a huge impact on the automotive industry. According to the German news broadcast channel, N-TV, the entire automotive industry has never been as close to collective collapse in the post-war era as it is currently - not even during the oil crises and Sunday driving bans.
Related reports:
LMC Automotive: Russia-Ukraine conflict: Impact on automotive industry (Mar. 2022)
LMC Automotive blog: The disproportionate impact of war in Ukraine on German automakers (Mar. 2022)
Russia related information (Vehicle Sales & Production Data, Supplier List, News, etc.)
Ukraine related information (Vehicle Sales & Production Data, Supplier List, News, etc.)
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