Three game-changers in the Automotive industry in 2018

New data-driven services, strong light-weight materials and a rapidly built out infrastructure for EVs (Electric Vehicles) are trends impacting the automotive industry throughout 2018. Stefan Issing, the Global Industry Director for Automotive at IFS, presents his industry predictions for the year ahead. 1) Service revenue in Automotive will increase by 30 percent during 2018 When German car manufacturers Opel first launched in 1863 they made sewing machines, switching to cars in 1899. Peugeot milled corn and then steel for eighty years before turning their hand to cars in 1891. So although it’s sometimes seen as conservative, the auto industry has… [Continue Reading]