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.
Ford has made an accomplishment that will never be bested, never even be tied.
Although the RAV4 has plenty of heritage in the small crossover segment, competition has gotten a whole lot tougher, so Toyota has made significant changes to the fourth-generation model.
It’s the fifth generation of a vehicle that has been increasing in sales year after year since its introduction in 1997.