Jeff Schuster at LMC Automotive: Automotive Market Outlook Update
August 4, 2021
Hosted by Bonnie D. Graham
Automotive Insiders is presented by OESA, the Original Equipment Suppliers Association. Industry experts discuss Automotive hot topics to keep the Automotive Supplier Community up to date on the fast-changing mobility landscape. From post-pandemic manufacturing restart planning and worker safety measures, to legal issues and supply chain disruptions, Automotive Insiders is your source of timely and relevant content. Host Bonnie D. Graham welcomes back Jeff Schuster, President, Americas Operations and Global Vehicle Forecasts at LMC Automotive. Jeff revisits and updates his May 2025 assessment of the automotive market environment, electrification and other trends, and outlook for the US and global automotive industries. In May, Jeff expected LV sales to improve by 13% to 88 million units in 2021. He has since downscaled that figure to 11% growth and 86.7 million units this year, due to ongoing recovery disruptions and risks. From his earlier projection that BEVs would expand from 1.5% of sales in 2020 to 6% by 2024, Jeff now expects that figure to reach nearly 10% by 2024. He continues to see increased workplace flexibility and new technology coming into vehicles attracting workforce talent that hadn’t previously considered automotive. Listen on-demand to hear more of Jeff Schuster's astute insights. More info: https://OESA.org
Automotive Insiders Presented By OESA
Listen On Demand on VoiceAmerica Business Channel
The automotive industry is evolving at rapid-fire speed. Innovations in autonomous driving, V2V connectivy, ride-sharing, evolving workforce demand, electrification, and trade and tariff implications, are changing vehicle design, manufacturing operations and challenging traditional automotive business models.
Join OESA as it welcomes automotive industry thought leaders to discuss these and many other automotive insights. Tune in for the latest in supplier industry news and learn how some companies are thriving in the new mobility landscape on Automotive Insiders, presented by OESA.
Bonnie D. Graham
Bonnie D. Graham has been producing and hosting live talk radio since 1998. She is the creator, producer and host of the weekly business talk series, “Coffee Break with Game-Changers, presented by SAP” that debuted in Fall 2011, plus more than two dozen related Game-Changers Radio series also heard on the VoiceAmerica Business Channel.
SAP helps companies of all sizes and industries run simple. From back office to boardroom, warehouse to storefront, operations to finance, SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. We do this by extending the availability of software across on-premise installations, cloud and hybrid deployments, and mobile devices.