Let’s dive a little deeper into the latest automotive industry trends and see how they match with the switch towards software-defined vehicles. […]
exhibiting a compound annual growth rate (CAGR) of 6.9% during the forecast period (2024–2032). The Automotive Industry market Size was valued at USD 3812.5 billion in 2023. Increasing demand for high-end passenger vehicles, and urbanization and rising infrastructure spending in the economy are ...
In 2023, one in four cars in China was an EV. And Chinese EV manufacturers are preparing to pursue global opportunities, buoyed by a high-quality, low-cost product. Challenges remain. Advances in autonomous driving have been balanced by setbacks. While some players have ex...
Automotive sales industry in China Automotive industry in the MENA region Vehicle production Motor vehicle production Automotive manufacturing industry in China Car manufacturers in the United States Leading manufacturers Tesla Toyota Motor Corporation BYD Auto Volkswagen Group Challenges Transportat...
The automotive industry is undergoing a radical transformation. New social, technological, environmental and geopolitical challenges are redefining the characteSimonazzi, AnnamariaSanginés, Jorge CarretoRusso, MargheritaSocial Science Electronic Publishing
1Nathan Eddy “Continental sees software as Everest of challenges,”Automotive News, March 11, 2023. 2Dr. Harald Proff and Philipp Wolf, “Software is transforming the automotive world,” Deloitte Insights, June 18, 2020; Dr. Harald Proff, Thomas Pottebaum, and Philipp Wolf,Autonomous driving...
Designers use AI to help them come up with novel forms and solutions to the challenges of modern car design. Image courtesy of Ehab Kaoud. The different varieties of AI, like machine learning and generative AI, play a huge role in the automotive industry, from design to manufacturing to oper...
Deloitte has published its findings on automotive supply chain trends, industry challenges and opportunities since our first Automotive Supplier Study in 2013. To review past findings, explore the entire collection of Deloitte’s automotive supplier performance research below. ...
While the global industry has experienced significant growth, it faces certain challenges and restraints. One key restraint to the industry's growth is the advancements in vehicle technology and complexity. Modern vehicles are equipped with increasingly sophisticated technologies and complex systems. While...
Finally, the methodology seeks to provide a Decision Support System (DSS) in order to address the trends and challenges of digital transformation in the automotive industry that can be used during the decision-making process for the different actors. As further research, since the automotive sector...