Automotive Suppliers: The Next Five Years
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Description
The buzz: “A new future is being written for the automotive industry. Companies which have spent decades perfecting the production of vehicles are now reinventing themselves as mobility services providers in favor of environmental sustainability. Old paradigms are not valid anymore, disruptions enforce the change: new technologies, sustainability needs, environmental regulations.” (capgemini.com) Yes, being an automotive supplier has never been more challenging. COVID-19 has disrupted business in a fundamental way – but it’s also accelerating long-running trends. Pressured by catastrophes, market forces and technological disruption, suppliers must navigate a minefield of issues. What major forces will shape the sector for the next five years? How can suppliers overcome present crises while being agile enough to seize the future? We’ll ask Michael Hessler at Capgemini and Rich Lindow at SAP what lies ahead in the next half-decade for automotive suppliers positioned for success.
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