Apr 24
“Really? But what are the roles? Who are the players in the automotive electronics industry?“
One of my biggest doubts when I joined in this line of work was to understand the business relationships and term of the industry. Since my earlier career as software engineer in Austria did not allowed me to get involved too much into business, I had to figure out the way the industry plays the game and, by myself, learn the names and roles of the industry partners. Here, due to my experience, the focus will be put on the partners involved into the car development and the electronic component suppliers.
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Apr 24
“The auto industry is a huge contributor
to the well being of people and society,
with millions of people living from the
automobile.“ (OICA 2007)
While the vehicle manufacturing industry is an intervened network of mainly powerful worldwide players, there are many other related companies involved. It belongs to the top highest profit business units with a great economical power.
Concerning the OICA, the International Organization of Motor Vehicle Manufacturers, the auto industry’s turnover is approaching €2 trillion, (€ 2,000,000,000,000).
Comparing this turnover of GDP with other economies in the world, the automotive industry by itself would be able to compete with the economical power of countries like Italy, France or the UK.
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