Globalization is an essential strategy for success in the automotive industry. The key differentiator is how companies capitalize on their business processes, teams, and technologies across the global supply chain. Strategy—The driving forces are familiar: growing competition, emergence of new players, overcapacity, legacy financial strains, increasing demand for safety, and product innovation. Many tactics are. under way: organizational consolidation, new business alliances, faster product development, research on new technologies, and a shift of cost and risk to lower tiers in the supply chain.
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