Winning Strategies for Automotive Suppliers
Deloitte’s Global Automotive Supplier Study shares insight on how automotive suppliers can make money even when products face shrinking demand
Auto suppliers can make money on products even when demand is shrinking, if they have the right strategy, says Neal Ganguli, Deloitte’s U.S. automotive supplier practice leader.
In high-growth areas—electric powertrains, sensors, electronics, driver aids and infotainment/communications—success means building talent and technology through alliances, partnerships and acquisitions, according to Ganguli.
But he says companies that supply stagnant or shrinking markets—from suspensions and interiors to piston engines and fuel systems—should strive for cost leadership, consolidation and economies of scale.
Details are available in Deloitte’s latest Global Automotive Supplier Study. Click HERE to learn more and download a copy.
The little car that could still can. And this time as a car that not only gets great fuel economy, but which has ride and handling that makes it more than an econo-box (and its styling is anything but boxy).
Once the playground of exotic car makers, the definition of a niche vehicle has expanded to include image vehicles for mainstream OEMs, and specialist models produced on high-volume platforms.
Dan Nicholson is vice president of General Motors Global Propulsion Systems, the organization that had been “GM Powertrain” for 24 years.