Inchcape on the opportunities ahead in the auto industry’s transformation

The auto industry suffers from accelerated change through its supply chain – from original equipment manufacturers to merchants and consumers. While the main headlines often focus on the challenges of moving to new energy vehicles (NEVS), definitions, organizational transformations and changing consumer preferences, the advanced scene represents growth opportunities for those ready for innovation and adaptation.

In this scene, original equipment manufacturers and distributors realize the increasing importance to access customers efficiently and make decisions based on data and sustainable solutions. Focusing on high -growth markets, light technological movement, and sustainability is more important than ever to success in the long run.

The recent comments on our industry are the potential impact of definitions on the complex and interconnected global supply chain.

What is clear is the role of independent auto distributors, such as InchCApe, has never been more important in helping original equipment manufacturers to move in the markets to cancel new growth opportunities.

The transformation industry

The transition to electric cars of battery (Bevs) was not written, as the challenges of society, industry and customers vary across the markets. Some markets, often supported by government incentives, have adopted Bevs, while others face challenges to adopt Bev on a large scale and currently preferably hybrid vehicles and internal combustion engine (ICE). For OEMS, the high cost of research and development add financial pressure, while organizational transformations and political geography can create more complexity.

Consumers are increasingly seeking to buy more sustainable options, more sustainable options, and improvement. They also want a greater understanding and reassurance of how to suit the needs of their lives and their transportation. Meanwhile, Chinese original equipment manufacturers reshape the global scene, which requires other original equipment manufacturers to adapt at a pace.

The increasing role of distributors

Inchcape has a seat in the front row of this transformation as a distribution partner for more than 60 OEMS in approximately 40 markets, from the Philippines to Chile.

High costs in mature markets and the need for innovation pushes the original equipment manufacturers to partnership with specialized distributors, such as InchCAPE, for complex markets that are difficult to reach where local knowledge is vital.

Inchcape is involved with well-known brands such as Toyota and Mercedes-Benz, the latest expatriates including Changan and BYD, to cancel growth insurance in various markets through its knowledge, global size, digital capabilities, advanced data, and wonderful people. These original equipment manufacturers benefit from the presence of a reliable partner to build a market share, deepen customer relationships, and display their trademarks through omnichannel strategies – with improving efficiency and effectiveness.