Auto forecaster S&P Global Mobility warned on Tuesday that, under a worst case scenario, Europe's energy crisis could cut its car production by close to 40%, or more than 1 million vehicles, per quarter through the end of 2023.
“With energy prices in Europe skyrocketing… a harsh winter could place certain automotive sectors at risk of being unable to keep their production lines running,” the report said.
Maybe we should focus on, I dunno, keeping people warm instead of building cars?
That is what’s happening. The manufacturing sector (not just cars but steel and chemicals as well) are the first to be rationed or cut off from gas to keep enough left for electricity generation and heating. Many companies have already reduced or entirely stopped their production due to increasing gas costs.
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24 February 2022 © step-dr.Strange
can we have some more positive predictions of yours? I’m starting to worry that EU can catch heatwave this winter
oh look, my groopie’s back
Aw, so cute of you to notice my absence, step-dr. Strange. Be honest, didn’t you miss me?
Yeah I really missed the random noise generator.
Good, there are already too many.
Maybe we should focus on, I dunno, keeping people warm instead of building cars?
That is what’s happening. The manufacturing sector (not just cars but steel and chemicals as well) are the first to be rationed or cut off from gas to keep enough left for electricity generation and heating. Many companies have already reduced or entirely stopped their production due to increasing gas costs.
How will this affect buses?
Prices will skyrocket probably since those are operating on capitalist principles too.
presumably more public transit will be needed with less cars
Public transit doesn’t run on perpetuum mobile is my point.