INDUSTRY NEWS
Part of the Ford sanitation system
like a holiday option any time soon. And the demand for new container ships may suffer as a result of pressure to abandon the globalised model of business in favour of something more localised. As above, business as normal will not return this year.
LAND Some managers will be looking at staff working from home and wondering why they are paying huge rents for swish offices in New York, London or Berlin. If these people can function perfectly well from home, let them pay the heating bill in winter and the cooling bill in summer. Many of these
❝ Our airline customers and airframe partners are having to adapt and so must we
will commute by train, so could this translate to reduced demand for new railcars? This seems possible and when
coupled with a general belt-tightening by all, demand may be subdued for the rest of the year. Car makers have recently been able to start selling stock again,
although oversupply may temporarily reduce prices. Looking forward, some prospective owners who would previously have got finance are now unemployed, which will not help demand. Some statistics, especially from the US suggest many owners are already struggling to keep up with current payments. Government schemes will likely try
to boost sales, with an emphasis on greener models. For those producing vans, the
move to more home deliveries for shopping may be good news if this trend continues. As many of the major supermarkets are keen on this and customers become more accustomed to it this could finally be good news. And to end, another piece of good
Outside the Bentley works 40
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news: the pandemic has triggered a sales boom for bicycles and more countries are examining a legal framework for small, personal electric scooters, so for some at least in the transport manufacturing industry, there is light at the end of the tunnel. ●
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