The remaining driver of growth in global car sales is the overall positive macroeconomic development, including the rise of the global consumer middle class. With established markets slowing in growth, however, growth will continue to rely on emerging economies, particularly China, while product-mix differences will explain different development of revenues. Most industry players and experts agree that the four trends will reinforce and accelerate one another, and that the automotive industry is ripe for disruption. Given the widespread understanding that game-changing disruption is already on the horizon, there is still no integrated perspective on how the industry will look in 10 to 15 years as a result of these trends.
- GKN Automotive is now at the forefront of the mass production of advanced, efficient, systems for electrified vehicles.
- The global trends of urbanization, climate change and digitalization are challenging the automotive industry.
- As an end-to-end transformation partner, we help clients incorporate software, data, analytics, and AI throughout the value chain.
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Both companies also have a joint venture called Beijing Foton Daimler Automobile. Product and operation tests and inspections at different stages of the value chain are made to avoid these product recalls by ensuring end-user security and safety and compliance with the automotive industry requirements. However, the automotive industry is still particularly concerned about product recalls, which cause considerable financial consequences. Learn how automotive organizations are incorporating next-generation sustainability into their overall business with insights from SAP and Oxford Economics. Connected cars and ADAS systems are the future for carmakers, whose buyers will increasingly demand seamless send-and-receive car data. We’re on a mission to help you understand the future of mobility by providing free access to online presentations by the world’s leading experts.
Automotive Grade Linux Updates Open Source Automotive Platform with UCB 13 Release
With a wide range of illumination and sensing solutions, ams can address all common 2D and 3D imaging-based system architectures to realize interior-sensing applications. With new upcoming occupant-related safety standards and increasing vehicle autonomy, interior monitoring systems are becoming indispensable to gather a sophisticated scene understanding of the vehicle’s interior. Digital customer experience offers a competitive edge in a changing market. Truck industry leaders are using digital reinvention to drive future success. Renault uses blockchain for compliance management and collaboration in the supply chain. Of automotive executives say that to succeed or even survive, their organizations need to digitally reinvent themselves.
Safety
Others, such as General Motors have come back to Indonesia to tap this lucrative market. However, Japanese car manufacturers remain the dominant players in Indonesia’s car manufacturing industry, particularly the Toyota brand. It is a very difficult challenge for western brands to compete with their Japanese counterparts in Indonesia, known as the backyard of Japanese car manufacturers.
Putting you in the driver’s seat
Regarding technological readiness, tech players and start-ups will likely also play an important role in the development of autonomous vehicles. Regulation and consumer acceptance may represent additional hurdles for autonomous vehicles. However, once these challenges are addressed, autonomous vehicles will offer tremendous value for consumers . Fully autonomous vehicles are unlikely to be commercially available before 2020.