At the Geneva International Motor Show 2019, discussions among executives have been dominated by collaboration and consolidation rather than new models.
Global automakers grapple with new technologies, stricter emissions standards and apps that have turned car buyers into renters or just riders.
Profit warnings, missed targets and falling stock prices at parts suppliers paired with the news that luxury segment archrivals BMW and Daimler are teaming up on autonomous driving, and Volkswagen is allowing a startup to share the electric-car technology, the industry’s new contours are taking shape.
Read the article at Bloomberg.
The post Partnering Essential to Surviving the Auto Industry Transformation appeared first on Fleet Management Weekly.
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