27th Aachen Colloquium Automobile and Engine Technology 2018
Automotive Industry 2030 – Disruption, Innovation, Transformation
Authors
Johannes Berking, August Joas, Jörn Buss, Laura Helfmann,
Oliver Wyman, Hamburg
Summary
The automotive world is shifting into overdrive. Automakers and suppliers can no longer count on predictable changes and the occasional, isolated disruption. Instead, they must prepare for a cascade of transformative technologies and digitally driven customer behaviors that will up-end much of the industry’s conventional wisdom. Underestimating the urgency of this challenge will leave suppliers in the digital dust.
The report by Oliver Wyman and the German Association of the Automotive Industry (VDA), Future Automotive Industry Structure – FAST 2030, assesses the impact this transformation will have on automotive value creation through 2030 based on seven major trends. It suggests several clearly defined ways suppliers can
ensure their future competitiveness.
The seven trends will drastically change cars themselves, how companies create them, and the ways that customers use them between now and 2030. Unlike in the past, when industry players might face one or two major disruptions at once, now, organizations must deal with all seven simultaneously.
Members of the Austrian Society of Automotive Engineers have access to all lectures of the International Vienna Motor Symposia.