The automotive industry faces financial distress, with rising consumer auto loan defaults, supplier bankruptcies, and widespread high-risk conditions. Recent PAYCE® Score data from SupplyChainMonitor™ revealed four private company bankruptcies and identified over 600 U.S. automotive firms in High Risk status. Sourcing professionals can map suppliers, monitor financial health, and receive early alerts on critical disruptions - such as the Novelis plant fire and financial strain at HP Pelzer and Superior Industries.
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CreditRiskMonitor has updated its popular PAYCE® score, now with greatly expanded private company coverage and an uplift to 80% accuracy in predicting all declared bankruptcies.

Leveraging AI for accurate private company bankruptcy risk assessment, we were successful in predicting 71% of bankruptcies in 2021 with the PAYCE® score.

Leveraging AI for accurate private company bankruptcy risk assessment, we were successful in predicting 70% of bankruptcies thus far in 2019 with the PAYCE® score.

Leveraging AI for accurate private company bankruptcy risk assessment, we were successful in predicting 70% of bankruptcies in Q1 2020 with the PAYCE® score.

Leveraging AI for accurate private company bankruptcy risk assessment, we were successful in predicting 80% of bankruptcies in the first half of 2020 with the PAYCE® score.

Leveraging AI for accurate private company bankruptcy risk assessment, we were successful in predicting 79% of bankruptcies in 2020 with the PAYCE® score.

Leveraging AI for accurate private company bankruptcy risk assessment, we were successful in predicting 77% of bankruptcies in 2019 with the PAYCE® score.

Leveraging AI for accurate private company bankruptcy risk assessment, we have been successful in predicting 70% of bankruptcies thus far in 2019 (Q1 through Q3) with the PAYCE® score.