ESG jumpstarts a movement. The automotive industry serves as a barometer for the health of the manufacturing sector, in large part due to its reliance on complex global supply chains. With the recent rise of environmental, social, and governance (ESG) initiatives, new pressures are being placed on auto makers to monitor and self-audit.. The automotive industry pumped the brakes hard in the early months of the global COVID-19 pandemic. The effects began in China, where sales plunged 71 percent in February 2020; by April, sales had dropped 47 percent in the United States and dived 80 percent in Europe. But the industry's engines never stopped running, and cars and trucks have come roaring back.

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automotive industry, all those companies and activities involved in the manufacture of motor vehicles, including most components, such as engines and bodies, but excluding tires, batteries, and fuel. The industry's principal products are passenger automobiles and light trucks, including pickups, vans, and sport utility vehicles. Commercial vehicles (i.e., delivery trucks and large transport.. The global automotive industry must reinforce the resiliency of its supply chains, while taking strides towards sustainability. Creating transparency along value chains in the mobility sector is a fundamental step in becoming more resilient and sustainable. Increasing geopolitical instability and a series of unprecedented crises have disrupted.