Automotive sector: the challenges of the industry in 2023

Automotive sector: the challenges of the industry in 2023

2022 represented great economic challenges for all business sectors. In the case of the automotive industry, it has been facing the semiconductor crisis since 2021.

But it is not the only thing. This situation has generated a great fall in the sector, to which is added the material shortage and, eventually, the delay in the delivery of the vehicles.

(See: Soat rate would rise 11.7% and will take effect on January 1, 2023).

But the problems are not over yet, as the automotive sector he presumes that his difficulties will not be solved in the short term.

By 2023 it is believed that the semiconductor crisis will continue, as well as the lack of materials.

And it is that despite the fact that, little by little, the industry is reactivatingthe outlook is not encouraging, as reported Business Insider.

(See: Will there be a ‘pico y placa’ for motorcycles in Bogotá? Mobility was pronounced).

Daniel Roeska, an analyst at Bernstein, confessed to the chain CNBC what “There is active destruction of demand in the sector, given inflation, interest rates and the cost of energy, but so far it has mainly affected the order book”.

Cars, the sector that could be exploited to export from Colombia to Venezuela.

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One of the main fears for 2023 is the low demand that companies in the automotive sector may have, behind the daunting outlook that presumes the world economy next year.

(See: Vehicles in Bogotá will be labeled according to their level of contamination).

However, analysts they expect the sale of cars throughout the world increases, since the minimum levels have already been touched.

(See: Fake silicone in an engine can cost a repair.)


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