The acceleration of digital automotive methods and consumption of semiconductor content material by this business up to now few years has been transformative. To be sure, rates of return on capital have been a problem endemic to the auto trade for years, which is one reason for the many bankruptcies — or close to liquidations — among OEMs and suppliers, notably in the past decade or so. Surviving automotive companies have famously bent over backward to avoid wasting pennies on every car or component they make. However, the state of affairs is changing into extra dire: The cost of capital is unlikely to come down from its already low inflation-adjusted levels, and new capital outlays are rising for advances in, among different areas, connected car and autonomous driving expertise.

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Smart electronics, infotainment, telecommunications, superior software program – vehicle makers are delivering innovative, groundbreaking technologies to immediately’s customers. They are also quickly making self-driving vehicles a actuality with the introduction of advanced driver help systems and autonomous features. In an industry dealing with unprecedented change – from connectivity, autonomous driving, sharing and electric mobility – discovering the moments that have the ability to affect selection, deepen loyalty and drive gross sales, is important.

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As a manufacturer ourselves, we understand the challenges that the automotive trade is at present going through, and as a service and resolution supplier, we offer important experience to assist our purchasers as they navigate their solution to future development. With a name synonymous with the South Korean automotive story, the Ssangyong Motor Company joined the Mahindra group in 2011. Founded in 1954 as the Ha-Dong-Hwan Motor Workshop, Ssangyong is immediately famend for its stylish and sturdy SUVs, and enjoys a market presence in additional than ninety international locations. With a concentrate on innovation, green expertise and emerging markets, Ssangyong goals to develop into a global automaker of reputation.