What do the automotive OEM CEOs lose sleep over? According to the 2012 Dykema Automotive Institute Survey, quite a few things concern the automotive industry. In spite of the recovery and uptick in vehicle sales, there are challenges on the road ahead.
In fact, the recovery of the automotive industry over the past two years now has resulted in 93% of the respondents—most of them OEMs—seeing an increase in demand for their vehicles, parts, and services over the past year. That’s the good news.
The bad news is that many OEMs are concerned over the financial condition of their suppliers and their ability to obtain financing to keep up with their customers’ demands....