Watch: Automotive Operational and Financial RestructureMay 1, 2020
As automotive manufacturers prepare to return to work, there are many financial and operational considerations to take into account. New safety, sanitation, and hygiene procedures are all part of the “new normal” for manufacturers as plants begin to reopen after shutting down due to COVID-19. These necessary changes bring added expenses and lower volumes which can result in tight liquidity even if sales demand strengthens. Manufacturers need to not only focus on operational improvement but also assess their balance sheet to find ways improve their cash flow despite the challenging operating environment.
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Who should participate?
Philip M. Goy, Director, KPMG
Douglas Olander, MPI Co-Lead, Managing Director, KPMG