Digital transformation is supposed to ensure the survival of companies in the auto industry. But the growing complexity of IT systems is proving to be an obstacle. Some companies are taking the right steps but dealing with legacy systems is a tough challenge for CIOs.
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A squeeze on automotive suppliers, together with the adaptation of new technology, will lead some major players to play a bigger role in overall vehicle development cycles, especially in shaping customer user experiences
As OEMs look to reduce production costs and manage more complexity, automotive suppliers will face challenges. But with more EV models in the pipeline, many have the opportunity to grab a larger piece of the pie both for manufacturing and supply chain management.
The new average fleet targets that came into force in Europe on January 1st 2020 are having big impacts on vehicle development and technology, pushing OEMs to produce and sell more hybrids and EVs. But the rules are complex and varied by brands, volume and sales. Here we provide a summary of the key rules and terminology.
