What is the real estate strategy for that sector?
The automotive industry, a strategic, industrial segment of the French economy, is closely monitored because of the significant impact it has on business in France overall. Vehicle manufacturers, equipment suppliers and sub-contractors form a vast ecosystem representing several thousand companies and jobs.
This sector, which is also affected by major transformations related to environmental challenges and technological progress, has been severely hit by the COVID-19 health crisis. This situation has accentuated the difficulties facing the sector, whose macroeconomic indicators are in steep decline, and is also accelerating certain changes that were already under way.
Faced with these complicated structural and circumstantial conditions, the automotive industry’s players are deploying transformation plans, in which real estate is a factor of optimisation and a tool to accompany new forms of work organisation.
Find out more about the major challenges facing the automotive industry, the ongoing transformations and their impact on the real estate strategies of the firms in this sector.