An understanding of how to repond to these trends is essential for automotive companies to effectively manage risk, optimize performance, and increase operational effectiveness. To gain further insight into the strategic business risks that will drive the Ernst & Young global industry analysts, together with leaders from more than 20 disciplines that shape the industry environment, including law, finance, the sciences, business strategy, geopolitics, regulation, medicine, economics and demographics. Together we have identified leading strategic business risks and then rataed the severity of the strategic risk managemetn challenge posed by each emerging issue.
The automotive industry is currently undergoing significant structural changes. While new markets are joining the global community as important production hubs, established markets are increasingly compelling vehicle and component manufacturers to reconsider their priorities and risk agenda in order to remain competitive in rapidly evolving markets.