Automotive in 2023: Exploring the future of the legacy manufacturers

This article looks at the main drivers shaping the future of the automotive sector and offers advice for legacy automotive manufacturers faced with both a complex transition from internal combustion engine vehicles and intense competition from newer electric-only brands, such as Tesla.

There are several factors that are irretrievably changing the automotive market including global drivers and industry-specific drivers that affect legacy manufacturers.

Global drivers:

  • Climate change (emission control)
  • Supply chain disruptions
  • Car buyers...
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