Morningstar’s Global Automotive Observer: Moats, Motors, and Markets
Morningstar’s Global Automotive Observer: Moats, Motors, and Markets
Our forecast for 2023 global light-vehicle demand is to be within a range of down 1% to up 3%, given chip supply issues resulting in constrained production and inventory. Other risks to our sales forecast include a possible recession in major automotive markets this year, an unexpected worsening of the microchip shortage, the Ukraine war escalating, intensifying inflation, rising interest rates, and a COVID-19 resurgence.
In our latest Automotive Observer, we offer a detailed look at the global industry’s 2023 forecast.
What's Inside
What's Inside
- How top automakers stack up on economic moats
- The specific factors influencing the forecasts of key players in the automotive market
- An overview of the automotive market in countries such as Japan, China, and India