Yesterday BorgWarner Inc. announced its agreement to purchase UK-based Delphi Technologies Plc in a transaction that values Delphi at roughly $3.3 billion and would therefore combine two major automotive-parts manufacturers. The recent announcement positions BorgWarner to expand in the rapidly growing market for hybrid and electric vehicles.
DuckerFrontier’s automotive experts Abey Abraham and Bertrand Rakoto are weighing in with initial thoughts and considerations in light of this recent announcement, and the impact it will have on the advancement of mobility and electrification in the automotive industry.
The automotive industry is changing at a rapid pace. Powertrain electrification is a massive technology shift that the automotive industry will have to grasp sooner rather than later. Government mandates to improve fuel efficiency and cut emissions are forcing automakers to evaluate and make investments in smaller, lighter and more efficient technologies.
Are you positioned to read through the noise and develop a successful strategy to stay ahead of the technology shifts in the automotive industry?
For more information on key trends that are emerging in the Automotive industry in 2020 download our 2020 Automotive Outlook
DuckerFrontier’s Automotive & Transportation team is at the forefront of key trends impacting the industry. How can we help you deliver better outcomes for your business in 2020? Contact us to connect with an industry expert.