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Trends Shaping the Automotive Industry in 2022

Epicflow

This year, the automotive industry is expected to continue its recovery following the headwinds of tough 2020. Electric Vehicles Production and Sales Will Grow. Interestingly, registration of electric cars in 2020 increased in major markets despite the pandemic [1]. . Automotive Business Trends.

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3 Drivers of China’s Booming Electric Vehicle Market

Harvard Business

In 2022, new EV sales in China grew by 82%, and the country provided 35% of global EV exports. Norway, and other Scandinavian nations were early adopters of EVs, and Germany and Japan have long been automotive powerhouses, their EV markets have lagged in mass market adoption compared to China. While the U.S.,

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Navigating a Downturn: Strategies for Business Resilience

Tom Spencer

Although it is fairly common for a successful business to generate 80% of its profits from 20% of its products, relying heavily on a small number of products, services, or markets exposes a business to significant risk. As a result, companies should actively explore emerging technologies that could provide a competitive edge in the market.

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Consultant Marketing Brand Disruption

Jerry Fletcher

If you figure out that your brand is packaged for the wrong market, fix that and get market buy in then you have yourself a winner. Tesla forced big automotive companies to get real about electric cars. One battery sale worth under a hundred dollars led to purchases in excess of over $5000. That is a winner.

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Leveling Up: Consulting Skills for an AI-Powered World

Tom Spencer

Consultants are still needed to interpret the results, identifying key trends and patterns, and making recommendations that can help the client to increase sales and customer satisfaction. The client can use this insight to target their marketing campaigns and direct their product development efforts accordingly.

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Top 10 Consulting Firms in the Middle East

Management Consulted

However, due to its rich history in the region, the firm knows the market deeper, better, and has the best government and private sector relationships. If you have an MBA and are interested in actuarial work, EY’s Middle East operation is a great place to get your foot in the door. in revenue (wow!). McKinsey & Company.

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Happy customers are closer than they appear

1 to 1

The automotive industry has been on a roller coaster ride of profit and loss in recent years. At the start of the COVID-19 pandemic, automotive sales tumbled in 2020 before surging demand and a global chip shortage sent prices skyrocketing in 2021. This article first appeared in the Customer Strategist.