Automotive Suppliers Q1 2016 – M&A & Financial Market Update
Automotive Suppliers need to think ‘smarter’ and ‘bigger’
The competitive landscape has shifted for the Automotive Suppliers, as the industry experiences lower margins and growth rates. Consolidation continues apace – it has been an especially hard slog for European players in recent years. Global strategic players are now accelerating external growth, scale and market share, targeting businesses with strong customer and product portfolios. SMEs need to think ‘smarter’ and ‘bigger’ to compete on the world stage.