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MICHAuto | Glenn Stevens Jr. Discusses Industry Recovery Outlook

Michigan Business Network
June 23, 2020 7:00 AM

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During ‘Navigate 2020’ Webinar With The Right Place 

A deep dive into new structures driving automotive supplier strategies in the current and post-COVID-19 era was the focus of The Right Place’s “Navigate 2020 Webinar” on Wednesday. MICHauto Executive Director Glenn Stevens Jr. led a conversation with IHS Markit’s Michael Robinet, executive director for automotive advisory services, who provided data and forecasts that described challenges and consolidations for mid-level suppliers globally.

“The rebound from COVID-19 will be slow and paced differently throughout the world,” said Robinet, while also noting China “already has a head start.”

Stevens-Glenn-248x300-1During a Q & A with Stevens (left), Robinet encouraged west Michigan-based suppliers to “expand their presence or reduce risk.” When Stevens asked about the likelihood of NAFTA’s replacement, USMCA, being enforced starting July 1, Robinet predicted: “There will be a little bit of leeway” given the pandemic.

Meanwhile MICHauto and The Right Place are teaming with Dykema to survey business on a 2020 Automotive Outlook. Click the graphic to enter the Flash Survey.

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Michigan Business Network is an online broadcasting company that provides knowledge, news, and insights into Michigan’s businesses, industries, and economy.