The last three years have been dramatic for the Global automotive sector. Like no other manufacturing sub sector, the automotive industry is facing some of the most complex challenges in its history. Pressures resulting from reduced sales volumes, frozen credit markets, increasing global competition, higher raw material costs, fluctuating fuel prices, and growing consumer demand for more fuel-efficient vehicles are driving a transformation of the industry across its entire value chain.
Swiss automotive components manufacturers have an excellent global reputation and prominent market positions, however maintaining this under increasingly challenging circumstances will be key. Our clients are from across all parts of the value chain from original equipment manufacturers (OEMs), suppliers, dealers, aftermarket and finance companies. Deloitte has provided advisory and consulting expertise addressing issues in production, technology, tax, risk management, as well as other areas, to assist our clients in achieving long term sustainability in profitability, growth and productivity.