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Visit EY to read the publication.
“Driving change across the automotive ecosystem over the next decade
The mix of markets driving the global automotive sales has changed yet again. Growth has shifted to markets such as the US, Western Europe and China, while the emerging markets have cooled off.
Also, the pace of global vehicle sales growth is expected to slow over the next few years. The C-suite thus needs to focus on how to be more agile in identifying emerging trends and on how to change strategies faster. We believe the automotive industry is likely to witness more changes in the
next decade than it saw in the last 20 years. We have identified six drivers of change that will shape the automotive ecosystem over the next decade.”