The Impact of COVID-19 On the Automotive Industry

The Future Car: A Siemens Podcast

The effects of COVID-19 have bled across so many different sectors within the development and manufacturing industry, and have forced automotive manufacturers to rethink how they design, develop, and produce new vehicles. In particular, automakers have had to find ways to ensure the safety of their employees, their families, and the communities in which they live and work, all while doing their best to continue vehicle development and manufacturing.

I'm your host, Conor Peick, and today, I’m joined by the Vice President of Siemens Automotive and Transportation Industry, Nand Kochhar, to discuss some of the specific impacts the pandemic has had on the automotive industry, and also, the strategies that have helped companies cope.

Nand shares how the adjustment to COVID-19 safe environments and remote work has impacted those within his line of work, how increased collaboration has streamlined processes across their supply chains, and how these workflow shifts will boost resilience for divisions across Siemens and the digital manufacturing field.

To hear more, tune in to today’s episode of the Future Car Podcast, from Siemens Digital Industries Software!

Some Questions I Ask:

• What has helped or hindered the challenges companies faced this year & What specific strategies have been innovative? (2:38)
• Do you think other departments have had a harder time adjusting to remote work? (5:28)
• How is adapting to digitalization going to make customers stronger after the pandemic? (6:41)
• Do you foresee a regression to our old ways of doing things before the COVID-19 or will these technological changes stay permanent? (9:18)
• What do you think the key steps are to reopening the manufacturing industry? (12:38)
• Do you think automation will be pushed into tasks that haven’t traditionally used it? (18:43)
• Do you see an opportunity in terms of future-proofing supply chains? (20:35)

In This Episode You Will Learn:

• The challenges COVID-19 has brought upon the automotive and transportation industry (1:16)
• How Siemens has utilized digitalization during the pandemic (4:38)
• The role digitalization plays in the longevity of the automotive industry (9:46)
• New and emerging technologies that automotive companies are working on in order to build resilience (16:52)
• How digitalization has made a difference in terms of company success, ability, and survival (22:13)
• The lessons auto suppliers have learned and applied today from the 2007 economic recession (23:33)
• The importance of collaboration throughout multiple supply chains (26:03)

Connect with Conor Peick:

• LinkedIn
• Mentor Graphic Website

Connect With Nand Kochhar:

• LinkedIn
• Email: [e-mail]

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