Maximising Fastener Potential in the Automotive Sector – trfastenings

Article by · 2015/07/30 ·

According to a recent report into the automotive industry by leading management consultants Strategy & Co*, despite the fact the automotive sector globally has been enjoying a period of relatively strong growth and profitability for the past few years, OEMs face some serious challenges ahead. Due to the waning of product differentiation and a general increase in vehicle quality throughout the sector, customers are becoming less loyal to a specific brand and expect more high-end features to be standard. Added to the need to adhere to an ever increasing number of regulatory requirements, it is becoming essential for automotive OEMs to find a way to reduce costs. For TR Fastenings,

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via Maximising Fastener Potential in the Automotive Sector.