The automotive industry is going through the most challenging period in its history. Companies need to ask some crucial questions to survive—and even thrive—in the downturn:
How do we adapt to new markets that are different in terms of consumer demographics, local competitors, supplier base, and channel structures?
How do we redefine our market strategies to handle more-specific segmentation, challenging emissions regulations, and alternative drive-train technologies?
How should we react to new cooperation schemes between OEMs and suppliers as well as global consolidation throughout the industry?
BCG has a long and proven track record of designing and executing growth strategies, operation-improvement programs, complex mergers, and turnarounds in the automotive industry. Our expertise extends to every segment of the industry and every link in the value chain. BCG works with governmental authorities as well as automotive manufacturers, their suppliers, and their distribution partners. Read More