Advances in technology are increasing the risk of disruption in the market and existing players, both upstream and downstream, are taking note. They’re innovating. They are making more use of lightweight materials and alternative fuels and taking the first steps towards intelligent and connected vehicles.

Consumer requirements are changing too, as society moves away from traditional vehicle use to more diverse mobility solutions, such as car sharing. It is a shift with major implications for an industry that is already one of the most complex and layered in the world.

With fast moving global economic change, flexibility and innovation are key. The most successful auto companies – whether an original equipment manufacturer (OEM), supplier or distributor – will be those that anticipate threats and opportunities, and respond accordingly. So while the future will bring many technical developments, new business models and strategies will be important too.

At Grant Thornton, we’ll work with you to identify the challenges affecting your business, optimise the solutions and maintain your market share.


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