The Automotive industry is facing an era of unprecedented change. Rapid adoption of new technology, aggressive legislative targets for emissions and fuel economy, and large-scale shifts in consumer priorities are all creating opportunities for growth. Along with these opportunities come threats to existing industry stakeholders – new, disruptive entrants to the market can often rapidly adapt to these changes.
The companies that survive, and thrive, in this new environment will be those that anticipate, plan for, and evolve to these changes. Ricardo Strategic Consulting (RSC) assists our clients with planning for growth through the development of market entry and growth strategies or by defining and refining comprehensive product line and product portfolio/fleet strategies, including an optimized pricing strategy. This is informed by RSC’s deep technical knowledge, understanding of macro-level market trends, and extensive industry network.
Developing a growth strategy isn't a one-size-fits-all process. Due to your business’s financial situation, the competition, changing market conditions, and even government regulation, a cookie-cutter plan will not give you the outcome you desire. RSC works closely with your team to understand the impact of these variables to provide you with a tailored, strategic growth strategy.
RSC can help your company react to, and profit from, a rapidly changing industry.