Challenges in the Auto Industry

The auto industry faces significant challenges, with a slowdown in overall vehicle production and a shift in consumer preferences. While there has been growth in battery electric vehicles, demand is increasingly leaning towards plug-in hybrids, complicating production adjustments. This shift results in a flattening of growth expectations, particularly impacting companies deeply integrated into automotive supply chains like Bosch. The market's hesitancy is compounded by unclear regulations and consumer indecision, which further delays the recovery anticipated for the sector.