Deloitte recently released a report on The Future of the Automotive Value Chain. Meanwhile, ridesharing and other trends threatening the traditional automotive industry could lead to a 2% drop in North American car sales by 2025. Improving logistics strategies is the top method automotive industry players are using to thrive despite these threats. That’s why we’re bringing you this… Read more »
Month: November 2020
5 Factors to Consider When Choosing an Automotive Supplier
The Coronavirus pandemic took a temporary toll on the automotive industry. In fact, global sales are expected to decline by roughly 14% in 2020. While 2020 was a tough year, there is optimism for 2021. The government-mandated lockdowns have created pent up demand in the automobile industry. Buoyed by low-interest rates, experts believe that profits for global… Read more »