The modern automotive industry is notoriously high stakes and competitive- traits that were amplified during the recent era of historic industry restructuring. Though many companies emerged from this turbulent period leaner, more efficient, and attuned to the realities of demand, much work remains to shore up key weaknesses. Amidst this backdrop, automotive companies continue to pour billions into developing products, building new factories, and researching new technologies - all for increasingly uncertain returns. These returns are even more unpredictable in the current global market with new entrants, new powertrain technologies, and fluctuations in oil prices. Vehicle Manufacturers (VMs) and suppliers can no longer rely on domestic demand, political backstops, or mature markets to deliver the required returns on investments.
As a leading management consultant to the global automotive industry, PwC’s Strategy& has extensive experience helping senior executives at VMs and suppliers in North America, Europe, Asia, and Latin America navigate these turbulent times and address the critical strategic, operational, and systems issues required to leverage their capabilities and succeed in this rapidly evolving marketplace.
Please click on the link below to learn more about the forces we see coming together to shape the automotive industry in the coming years and questions VMs and Suppliers should be considering.
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Strategy& has extensive experience working with global automotive vehicle manufacturers, suppliers, dealer groups, and finance companies to identify and build the essential capabilities they need to outperform.
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