Many automotive OEMs‘ strategies are failing. Here’s why.
Drafting a robust strategy often captures the spotlight in business planning. Surprisingly, the downfall of most strategies isn’t in their design but in their execution. Why is that? 1. Lack of Clarity and Communication.A strategy can only take flight if those responsible for its implementation grasp its nuances. A common pitfall is the failure to […]
What Automotive OEMs & Suppliers Get Wrong About Supply Chain Resilience – And How to Get It Right
In today’s global economy, automotive OEMs and suppliers face heightened vulnerability to supply chain disruptions, from semiconductor shortages to shipping and logistics challenges. Traditional supply chain management practices, lacking in flexibility and adaptability, often lead to production halts, increased costs, and a weaker competitive stance. Key Insights for Enhanced Supply Chain Resilience: By implementing these […]
The Growth of the Luxury Car Market in Emerging Economies
The luxury car market has been experiencing remarkable growth over the past few years, with a significant contribution coming from emerging economies. The global luxury car market size was valued at €0.94 trillion in 2022 and is projected to grow from €1.04 trillion in 2023 to an impressive €2.27 trillion by 2030, according to a […]
The Role of Big Data in Automotive Design and Marketing
The role of big data in the automotive industry is becoming increasingly essential and transformative, particularly in the realms of design and marketing. Its influence extends from the conceptualization of new vehicles to their production, sale, and even post-sale services. Design: When it comes to vehicle design, big data analytics provides an invaluable tool for […]
The Integration of Solar Power in Vehicle Design
Today’s world is increasingly shifting its focus towards sustainable and renewable energy sources, with solarpower being one of the most wide-spread. The thought of combining solar power with electric vehicles in order to extend the latter’s range seems obvious. However, it’s only in recent years that technological advancements have made this a practical possibility. The […]
The Influence of IoT on Vehicle Connectivity
The rise of the Internet of Things (IoT) has had a profound impact on the automotive industry. IoT’s influence on vehicle connectivity has been transformative, reshaping the way we understand and interact with our vehicles. An IoT-enabled vehicle is more than just a mode of transport; it’s a sophisticated data center on wheels. With sensors […]
The Advancements in Automotive Safety Technologies: A Deep Dive into the Future of Safe Driving
The world of automotive technology is evolving at an unprecedented pace. With every passing day, new advancements are emerging that aim to make our roads safer. Today, we delve into these innovations, their impact, and what they mean for the future of safe driving.ADAS: A New Era of Vehicle Safety Advanced Driver-Assistance Systems (ADAS) have […]
10 Thoughts on Autonomous Driving
The concept of autonomous vehicles, also known as self-driving cars or driverless cars, has been a fascinating topic for futurists and technologists alike. Let’s dive into some interesting figures and facts about this revolutionary technology. 1. Market Growth: According to a report by Allied Market Research, the global autonomous vehicle market is expected to reach […]
