2022 Outlook – Q&A with Yanfeng – Auto Information by Automobilnews.eu

[responsivevoice_button voice=”Deutsch Female”]

2022 Outlook – Q&A with Yanfeng

Chunfeng Xu

2021 was one other memorable 12 months for everybody and for all types of causes. We had a bumpy restoration from the worst of the COVID pandemic, however the automotive business was additionally hammered by a scarcity of semiconductor components. In what you are promoting, what stand out as the largest challenges you confronted over the previous 12 months?

The most important world challenges in our automotive enterprise and the present business surroundings are unchanged. Like each provider within the business, we have been impacted by buyer downtime, program delays or shutdowns of their crops as a consequence of semiconductor shortages. Most car volumes throughout Europe are lowered.

From a supplies and logistics perspective, the business is navigating report excessive freight prices (containers will not be obtainable or very costly), rising vitality prices and the pricing and availability of supplies (particularly resins).

Any excessive spots or explicit successes you’d wish to share?

As an organization, now we have mastered the challenges collectively this 12 months and, most significantly, now we have additionally made good progress with our globalization efforts for our Seating and Security Methods companies in Europe and North America. We efficiently accomplished the development of latest manufacturing websites in Serbia and Mexico.  With our new Seating and Security operations in Kragujevac, Serbia, which is able to go into manufacturing from the 2nd quarter, 2022, we’re responding to market demand and increasing our seating and security product portfolios into Europe for the primary time.

I began my project for Yanfeng within the European area eight months in the past. It has been for me personally the best problem and a novel alternative to work collectively inside the range of cultures of our Europe and South Africa area to help our prospects. Wanting again over the previous months, I’m pleased with our workforce that was all the time keen to go the additional mile and do no matter it took to help prospects and guarantee supply even below essentially the most difficult circumstances on this pandemic. Supporting our prospects whereas persevering with to drive our world enterprise ahead throughout all markets via the continuing pandemic was not a simple train however we managed it efficiently and can proceed to take action.

How are you feeling about 2022 – each by way of enterprise prospects and extra usually?

Based mostly on what we’re seeing in business forecasts, the semiconductor scarcity will proceed to influence the business within the first half of 2022. Provide chains may even proceed to face main challenges subsequent 12 months, within the areas of metal, aluminium and plastic resins. Costs are rising, which is able to have an effect on all market gamers. Logistics prices are additionally on our radar display. I hope that this can return to regular. Previously, we had labored in a fairly secure system by which prices have been simpler to forecast.

I additionally see causes for optimism. I’m optimistic that we are going to constantly drive ahead our transformation and our globalization in addition to speed up our world enterprise and footprint enlargement. We’ll give attention to digital know-how integration in core merchandise and new companies and help our prospects on this. Early buyer engagement and co-development are important for our enterprise success however I’m assured that we’re in place as we collaborate effectively with our key prospects in all our areas.

Sustainability is one thing that’s rising in significance. We’re on observe with all our initiatives regarding social, environmental and financial accountability for our firm and our provide chain. We proceed to combine sustainability into our merchandise, processes and amenities.

Is something rising as a selected concern by way of the outlook?

The continuing pandemic is one thing that considerations me – particularly the rising incidence of COVID in Europe. Each time we felt like we have been again to regular, each within the automotive business and in our private lives, there was a problem. If different waves or variants occur and restrictions return, that might be difficult for us as a provider but additionally for our prospects.

The inflation fee in Europe, and in Germany specifically, can also be one thing now we have to regulate.

Do you’ve gotten a message for Simply Auto’s readers?

With the present pandemic state of affairs, plainly the world is smaller than ever earlier than. Instances are powerful and unsure for everybody. Even when we are able to’t bodily meet or journey wherever now, we are able to collaborate and meet individuals just about all over the place. All of us should reside with COVID, and we will achieve this. International crises have occurred many occasions up to now. In the event you have a look at them retrospectively, the world has all the time modified for the higher because of this.

It might take a while to get well from them, however crucial factor is to focus in your capability to take care of a path ahead. Keep optimistic and discover inventive methods to show hurdles into alternatives. All of us realized loads throughout the pandemic and are nonetheless studying and will come out of it stronger. Use this to enhance your life and the lives of others, and to be beneficiant and type.

2022 Outlook – Q&A with Yanfeng – Auto Information by Automobilnews.eu


To Top