OUR INDUSTRY

All our consultants at Fortos are experts in the Automotive & Mobility industry. We understand that the industry is dramatically changing, triggered by the accelerated rise of new technologies, sustainability policies, and changing consumer preferences around ownership. Digitization, increasing automation, and new business models have revolutionized other industries, and the Automotive & Mobility industry will be no exception.

Business Models Shift to Stay Relevant During Transforming Customer Preferences

• Shared and integrated mobility models, based on sharing and increased asset utilization, are challenging the traditional car industry.
• New hassle-free ownership models and mobility services attract new customer groups with different types of customer preferences, prioritizing access rather than ownership, and expecting the retail network to provide a consistent omni-channel customer experience.
• OEMs move towards direct consumer business via online sales will drive the traditional retail network to shift focus from sales to service and to find new revenue pools to stay profitable.

Emissions and Pollution is Driving the Shift Towards Electrification

• One of the biggest factor shaping the future of mobility is the development of electric powertrains, related to reducing emissions of greenhouse gases, such as carbon dioxide and nitrogen dioxide. Reducing emissions of greenhouse gases from exhausts will also help to build a more sustainable model for safe, clean and affordable mobility.
• Shift towards electric powertrains will lead to a drop in the traditional aftermarket business, putting increased pressure on cost efficiency and new type of competence and infrastructure in the dealer network.

Autonomous Vehicles on the Rise to Increase Safety and Efficiency

• The development of autonomous vehicles has intensified over the last few years, with huge efforts and capital being invested by traditional OEMs, tech giants and start-ups to solve the extremely complex problems that autonomous transport solutions has to face.
• The development of autonomous vehicles results in fewer road accidents and improvement in fuel economy, but OEMs are yet are struggling to fully leverage the benefits of autonomous transportation.
• Automotive connectivity and electronics calls for new global standards, and next generation of connected autonomous vehicles would benefit from a common set of technical specifications.