Globally, the industry is undergoing massive upheaval on a scale never seen before. Major players, in the U.S. particularly, are facing bankruptcy, which would profoundly affect the industry, and continue to drag down the national and global economies. Due to social and economic importance, the prospect of large restructurings is a foregone conclusion. The key issue is how the restructurings will alter industry dynamics and influence respective competitive positions.
Compounding the economic issues, competitive factors have dramatically altered the landscape over the past three decades. Based on AlixPartners’ annual, global Automotive Benchmarking Survey, gains made by both Asian and select European manufacturers have come at the expense of all three major U.S. automakers. The rise of Chinese and Indian manufacturers will further cloud the landscape. Increasing global competitiveness has eroded new vehicle prices, and profoundly influenced the profitability of major players with higher cost structures. The issues facing industry participants are urgent and critical.
Our heritage and core expertise in the automotive industry is unrivaled. For more than 27 years, we’ve been addressing the critical issues facing industry executives. Our professionals have worked with more than 42 Original Equipment Manufacturers and 132 suppliers on a broad array of issues, including cost reduction services, business growth and strategy, and turnaround and financial management. Our portfolio of services aligns tightly with the challenges facing the industry and includes:
- Sourcing, procurement and supplier management
- Supply chain management
- Logistics management
- Lean Six Sigma manufacturing improvement
- Complexity management
- Overhead cost reduction
- Growth strategy and strategic planning
- Retail performance improvement
- Dealer network improvement
- Working capital and cash flow management
- Mergers and Acquisitions, Post-Merger Integration and Due Diligence
- Financial, IT and organizational Restructuring
- Bankruptcy reorganization
- Financial Advisory Services
- Litigation Support