The automotive aftermarket is undergoing significant changes with evolving customer expectations, acceleration of technological innovation, and shifts in competitive power. These changes will reshape the way customers, automotive suppliers, trade and other aftermarket companies think of cars and driving and how business in the automotive aftermarket is conducted and value is created. On the other hand, OEMs need to find the right strategy for differentiating their products and services, which largely means evolving their value proposition from “hardware provider” to “integrated mobility service provider” to retain their share of the automotive profit pool.
We took the chance to discuss which strategies and business models are needed for the future of the automotive aftermarket at the Handelsblatt – Germany ‘s leading business newspaper – conference in Stuttgart on November 14-15. Alexander Haid was on stage talking about the deep insights and market knowledge we gained over the last two and a half years that are invaluable to our future development. He outlined how our platform is fueling the mobility ecosystem by easily accessing connected vehicle data.
The conference provided an excellent platform for the exchange of experiences and ideas regarding new requirements in the automotive aftermarket due to new technologies such as connected vehicles, autonomous driving, shared and electric cars.
Further interesting presentations were given by Bosch, Continental, Groupe Renault, OSRAM, Porsche, Schaeffler, Volkswagen and others. We look back at two exciting days of inspiring lectures and panel discussions!