At a global level, the automotive industry is experiencing a period of profound transformation. The drive for more efficient vehicles and new sources of energy are changing the industry landscape while digital technologies, shifting consumer behaviours and newfound supply chain vulnerability are disrupting traditional business models. We support automotive OEMs, equipment suppliers and dealers with tailor-made solutions to help them reinvent themselves and grow in this new world of mobility.
The automotive industry is in a constant state of evolution. Regulatory change, technological innovation and economic upheaval continually shape and transform the sector. Mobility service providers and emerging start-ups are disrupting the sector. As the industry reinvents itself in response to demands for cleaner and more efficient vehicles, operators must find ways to become more efficient, resilient and robust in the face of competitive forces.
Our automotive specialists work with manufacturers, suppliers and distributors to improve performance, fuel growth and implement practical solutions for the challenges they face. Our capabilities combined with our deep knowledge of the automotive industry make us an ideal partner as you seek to secure your future and drive sustainable growth.
As an operator in this industry, you are likely concerned about:
Seizing market opportunities and enhancing your market presence
We can help you establish new businesses or move into emerging and growth markets, identify new product range, and ensure the success of your acquisitions and partnership projects.
Securing and optimising your operations
It is vital that your business is robust. We can work with you to digitalise your operations and harness data to improve productivity. We can also review your investment projects, put in place internal controls and risk management procedures, conduct reviews to improve decision-making and fraud prevention and implement a green strategy.
Financing and securing your supply chain
Our experts work with you to secure programme and infrastructure financing, optimise and secure your global supply chain, and deploy new financing solutions such as reverse factoring.
When you partner with us, you benefit from a team with multidisciplinary expertise in audit, advisory and tax that has been mobilised specifically to support your needs and overcome these challenges.
At all times, our commitment is to bring you the best of what Forvis Mazars has to offer so that you can secure your future and create value for stakeholders.
The mobility sector is undergoing major transformations as it responds to evolving consumer expectations and demands for cleaner, more connected, and sharable mobility solutions. To shed light on what’s happening ‘on the ground’ as key players work to shape the future of mobility, we have created part two of our ‘Reinventing the wheel’ series, featuring interviews with mobility experts and senior...
How can the mobility sector respond to evolving consumer expectations to influence and lead a transformation towards cleaner, more connected and collaborative systems?
02/11/2022 With the first reports on the EU’s Green Taxonomy eligibility ratios now published, what has been the impact on automotive suppliers? The Green Taxonomy entered into force in the EU on 1 January 2022 as a first step towards directing capital investments towards more sustainable activities.
02/11/2022 Despite the additional information supplied by the EU concerning the Green Taxonomy that came into force on 1 January 2022, certain interpretations persist in the automotive sector.
03/10/2022 The automotive industry is facing great change. Clean tech innovation, the shift to electric vehicles and supply chain issues are creating challenges requiring major strategic decisions by boards. How are automotive companies and their boards responding? This podcast brings together a panel of experts to examine the issues and lend their advice on navigating necessary transformation.
11/10/2022 Automobiles have been powered, for the most part, by the trusted internal combustion engine (ICE) since being massed produced from the early 1900s. ICE technology has evolved, with suppliers and OEMs (Original Equipment Manufacturers) investing extensively to increase engine performance whilst reducing emissions.
Vehicles today are more reliant on, and connected to, technology than ever before. Featuring an ever-increasing array of electronics, sensors and computer systems, vehicle owners and manufacturers are faced with a number of potential cyber security risks. In this article we discuss some of the key risks for consideration and look at what the automotive industry can be doing to help mitigate them.
The automotive industry has an important role to play in tackling the climate emergency and social injustices that our planet faces today.
20/04/2022 The mobility sector is undergoing a period of transformation, and luxury automotive brands must stay ahead of the curve and ride the changes, all while remaining true to their DNA and brand identity. In the interview below, Emmanuel Thierry, Partner, Mazars and Peyman Kargar, Senior Vice President and chairman, INFINITI Motor Company, Japan, discuss evolving consumer expectations, emerging...
12/04/2022 Behind the scenes of well-known automotive brands are manufacturers building components to make the future of mobility real. These teams are responsible for automotive businesses designing tomorrow’s vehicles and shaping the sector’s next chapter. Below, Jeremy Rice, Managing Partner, Mazars discusses innovative partnerships and new safety measures with Alexander van Laack, President...
Ransomware is becoming a major threat to business operations and high-profile attacks come with huge financial and reputational costs beyond the ransom itself, with many stopping business operations for days or even weeks at a time. The automotive industry is a significant target for criminals looking to profit from organisations’ vulnerabilities – so what are the key threats and what should the sector...
Using data analysis and machine learning techniques, we offer digital audit services that bring greater efficiencies and reduce costs. This solution results in a ‘zero paper’ audit that is automated and highly secure. It ensures compliance with legal and regulatory obligations while optimising your commercial means and identifying risks, bringing better competitiveness and value to your company.
Increasingly complex markets, disruptive megatrends and competitive conditions are making holistic changes necessary. Our business transformation approach is consistently oriented towards your strategy, an efficient and effective target operating model, a finely tuned collaboration model. We also consider your corporate culture, as well as the relevant management and controlling mechanisms.
We support you in setting up your IT transformation agenda. We find the right, agile technologies for your company, and then lead them systematically and step-by-step into efficient processes so that you can generate added value for your company. We do all this without major disruption to your ongoing operations, so you can continue to focus on your core business.
From the development of the strategy and identification of the affected structures and processes to the transition and post-contractual negotiations, our business transformation team will actively support you as a competent consultant throughout the entire process. Consistent change management, which is also part of our services, also ensures the sustainable success of a carve-out program.
In times of economic downturn, companies need to act quickly to manage the associated challenges. It is crucial to reduce costs without compromising the growth of the company. To establish a cost-optimised structure in your company, consistent cost control measures are necessary. As soon as funds are freed up by the implemented cost reduction measures, your company should invest in its future.
We get you ready for your TISAX certification. Forvis Mazars has developed a procedure whereby the client seeking TISAX certification receives organisational, administrative and technical support throughout the entire audit process. You will be able to ‘refresh’ your Information Security Management System (ISMS), Data Protection Management System (DSMS) and physical site security.
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