Automotive
Industry challenges
The global automotive industry faces multiple complex challenges and opportunities including:
- The emergence of new fields such as e-mobility, autonomous driving, and the Internet of Things resulting in new competitors from the tech industry
- The recent loss of trust of millions of consumers following the global revelations about the so-called defeat devices
- Innovation-related challenges blurring the line between OEMs, Tier 1 and 2 suppliers
- Ever-increasing consumer appetite in emerging markets and record sales resulting in healthy revenues and profit margins for international car manufacturers
- Anemic performances across a range of financial indicators, incl. Total Shareholder Return and Return on Invested Capital, indicating less lucrative industry overall
- Regulatory challenges arising from environmental concerns and new mobility concepts