Automotive IndustriesAs of 2013, roughly 253 million autos had been registered in the United States. Our company duty work is guided by a CR Steering Committee, which is facilitated by AIAG and comprised of senior workers volunteers from our member companies, including FCA, Delphi, Ford, General Motors, Honda, Toyota, ZF TRW and many others.

Established in 1982, AIAG is a not-for-profit association where professionals from a various group of stakeholders – including retailers, suppliers of all sizes, automakers, producers, service providers, academia and authorities – work collaboratively to streamline business processes by way of global requirements growth and harmonized enterprise practices.

As an illustration, German supplier ZF Group, which paid US$12.four billion in 2015 to acquire TRW with the intention to develop into the digital safety and connectivity market, took a forty percent stake in car radar supplier Ibeo Automotive Methods in 2016.

In order to compete effectively and maintain wholesome margins, suppliers must have entry to trusted market and brand forecasts, clear line of site into Automaker and Tier-1 supplier manufacturing plans, and entry to a comprehensive database of autos-in-operation.

A 2017 McKinsey survey reveals that sixty seven percent of all US respondents desire driving their own automobiles over using experience-hailing apps, and 63 percent aren’t concerned about trading their automobiles for shared-mobility rides—even if they’re free.