Report: Climate Change vs. Carmakers
Report: Automotive headwinds align into a perfect storm
HANOVER -- Local Motors (LM) has set out to prove that, contrary to the common wisdom in the auto industry, scale is not a necessary requirement for becoming a successful carmaker.
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As OEMs and automotive parts suppliers see their margins decline, cost pressures are going to increase on logistics operations and service providers further down the supply chain
As OEMs look to reduce production costs and manage more complexity, automotive suppliers will face challenges. But with more EV models in the pipeline, many have the opportunity to grab a larger piece of the pie both for manufacturing and supply chain management.
Should automotive manufacturers and the supply chain fear or embrace this surprise announcement from the consumer technology giant?
