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Peril of EV Start-Ups: Fisker’s Investor Warning

Supply Chain Matters

Since that time, the company’s first model was subsequently outsourced to industry contract manufacturing services provider Magna Steyr utilizing a production facility located in Austria. Shipping new vehicles from Austria to the U.S. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

The Eurozone remains a drag on global manufacturing output with reportedly steep downturns again occurring in Germany and Austria. New order growth reportedly accelerated at the fastest in nearly three plus year, which is a likely indication that this region has become the new go-to for China Plus product sourcing strategies.

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Global PMI Levels in August Remain Sluggish

Supply Chain Matters

From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. The lowest production performance and associated supply chain activity levels were reported as that of Germany , Austria , Czech Republic , United Kingdom and Poland. in August compared to 57.7

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Global PMI Levels in July Remain of Concern

Supply Chain Matters

Source: S&P Global and Other Sources. Considerable weakness was noted for both Germany (a 38 month low) and Austria (a 39 month low) in July, both reporting the lowest PMI values in this sector. Bob Ferrari © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

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Global Manufacturing Activity Levels Continue to Stabilize in March and Q1-2023

Supply Chain Matters

However, we discern some added signs excess inventories and of production sourcing shifts. Source: S&P Global, April, 2023 Highlights of Regional Reporting Developed Regions Eurozone The S&P Global Eurozone Manufacturing PMI® fell again in March to a value of 47.3 compared to the February value of 48.5, All rights reserved.

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Global Manufacturing Activity Levels Stabilize in February

Supply Chain Matters

Countries experiencing sequential monthly lows were noted as France, Austria and Germany , the latter recording a 46.3 Report authors however, qualified that the domestic market demand was the prime source of activity growth. Bob Ferrari © Copyright 2023, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog.

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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

Source: JP Morgan and S&P Global, December 2023 Key Highlights in Regional PMI Reporting India’s Manufacturing Sector Accelerates Overall manufacturing activity across India accelerated in November after a deceleration in October. Austria was indicated as the worst performer, followed by Germany and France. reflecting a 1.1