The automotive industry faces supply chain disruption and economic fears in 2023, with incumbents under pressure to transform their value chain with vehicle technology. Automakers must prepare for economic impact and use digital technology to boost competitiveness in a market that will see growing cannibalization. They must also focus on changing the corporate mindset to avoid slow and unsuccessful transformation. Strive beyond compliance by setting the bar above regulatory demands, as failure to do so will impact sales performance and market value.
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Top Automotive Trends for 2023, Mike Ramsey, Jonathon Davenport, Pedro Pacheco, Bill Ray, Gaurav Gupta, Lillian Oyen-Ustad (16th January 2023). GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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