Supply Chain Matters
MARCH 6, 2024
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. market also comes with logistical challenges, hence the stated need for a U.S. based dealer network.
Supply Chain Matters
SEPTEMBER 6, 2023
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. The inventories index decreased 2.1
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Supply Chain Matters
APRIL 4, 2023
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,
Supply Chain Matters
AUGUST 3, 2023
Morgan indicated in part: “ Near-term forward looking indicators also headed lower, most notably the finished goods orders-to-inventory ratio which fell further below 1,0 from an already contractionary reading.” Source: S&P Global and Other Sources. Germany’s July PMI activity level was the worst performance since May 2020.
Supply Chain Matters
DECEMBER 4, 2023
A continued subdued product demand environment and added caution reportedly led to a decline in overall purchasing activity, lower levels of inventory and improved supplier delivery times. Austria was indicated as the worst performer, followed by Germany and France. The reported November value posted a six-month high value of 44.2,
Supply Chain Matters
MARCH 2, 2023
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. Counties reaching new highs were noted as Italy, noted as reaching a ten month high, Greece, Ireland and Spain.
Supply Chain Matters
OCTOBER 6, 2023
Reportedly, destocking activities increased with finished product and raw materials inventories decreasing by the end of the quarter. Reportedly, with the exception of Greece , all other EU countries registered PMI declines, with Germany and Austria having the fastest rates of production declines. was relatively unchanged from the 49.0
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