article thumbnail

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. EVs are going to gain higher market shares in Europe, the United States and China and outpace ICE vehicles sales. Automotive Business Trends. Conclusion.

article thumbnail

Technology Is Changing What a Premium Automotive Brand Looks Like

Harvard Business

The automotive industry is being disrupted by electric vehicles and self-driving cars, just as home appliances is being disrupted by the Internet of Things and smart appliances, home entertainment by on-demand content providers, and apparel by online personal stylists such as Stitch Fix and Trunk Club. Product: mechanical vs. interactive.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New Regulations Place Sustainability and ESG at the Center of National and Global Business Competitiveness

Brimstone Consulting

PFAS are used in hundreds of thousands of products, from nonstick pans to water-repellent sports gear, to stain-resistant rugs. For example, as of January 1, 2023, Maine requires that companies report PFAS in products by quantity to the state, and the state will ban all PFAS-containing products by 2030. If not, should it?

Apparel 73
article thumbnail

Two Priorities to Build Up Russia’s Auto Industry: Exports and Innovation

BCG

The Russian automotive industry has experienced significant ups and downs in the past decade. Manufacturers responded by building new plants to expand production. Today, as a limping economy continues to hold domestic buyers in check, the industry finds itself with far too much production capacity.

article thumbnail

Industrial Production Declines, November and December Revised Lower; String of Unexpected Events Continues

MishTalk

This morning the Fed reported Industrial production declined. Industrial production decreased 0.3 percent, partly because of the severe weather that curtailed production in some regions of the country. percent, partly because of the severe weather that curtailed production in some regions of the country. Clothing up 0.5%

article thumbnail

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.

article thumbnail

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.