Franco Pörtner’s Post

The EY-Parthenon “360 Degree Check” can help identify opportunities and guide you on your journey to success. 🚗 🔍 Unlock your potential with insights from the EY Automotive Strategy Hub. Learn more about our approach and how it allows you to enhance your strategic assessments in the October version of the M&A Review: Marktpotenziale aufzeigen: https://lnkd.in/gs2wHz85 #UnlockPotential #MaximizeEfficiency #360DegreeCheck 

As part of the latest M&A Review magazine, we've tackled the complexities of the #automotive #supplier industry's M&A landscape. As we witness economic and geopolitical shifts, it's crucial for industry players to adapt and strategize effectively. 🚗 Some key insights 🔎 💡: 1️⃣ The sector is at a crossroad with external pressure demanding robust strategic responses 2️⃣ EY-Parthenon's '360 Degree Check' offers a comprehensive toolkit for identifying opportunities and optimizing performance 3️⃣ Success hinges on informed decision-making, leveraging deep industry insights to navigate through turbulences Check out the full article below! 📕 Shoutout to my fantastic colleagues for the great collaboration Petra M. Meiser Nicolas Kauer Dominik Mayer Sophie Grimm

How can companies navigate the complex terrain of automotive supplier M&A to unlock hidden value and drive success? 🚗   My colleagues Maike Nienaber, Nicolas Kauer and I explored this question by examining the current automotive supplier landscape and by leveraging our ‘360 Degree Check’ approach to enhance strategic assessments and operational improvements. 🎯   This approach has two key objectives: to develop topline growth strategies that boost revenue through market expansion and product enhancement, and to drive bottom-line optimization by increasing profitability through cost reduction and increased operational efficiency.   By guiding stakeholders through the process with clarity and strategic foresight we foster robust growth and long-term success – shaping the future with confidence. 🚀   Check out our insights in the October issue of the M&A Review: https://lnkd.in/eG-VuFqc  #UnlockPotential #MaximizeEfficiency #360DegreeCheck

If we want to protect our jobs in Germany and meet this challenge, there is only one fundamental basis for this and that is 'global competitiveness'. This applies to the production of batteries, production parts and vehicles. Unfortunately, we currently have a critical competitive disadvantage of between 23-40% and that makes us fear for our prosperity.  85% of this is not caused by the difference in energy costs (5%), but by the high personnel costs in Germany as a production location! The valuation factor is the total hourly rate of production. VW with a capacity utilization of 93%: 114,75,-€ per h  VW with a capacity utilization of 74%: 142,83,-€ per h  Companies in the automotive industry in Germany/BW: €81.79 per hour China with a capacity utilization of 93%: €34.05 per hour Poland with a capacity utilization of 93%: €36.86 per hour https://valueforce.de/

Very interesting study from PWC concerning the competitiveness of the German Automotive supplier industry. As it is in German here are some insights in English. You can download the study here: https://lnkd.in/dCGk_2pD For suppliers, it's all or nothing:  1. The traditional centers of the automotive industry are eroding; German suppliers continue to lose international market shares.  2. Despite increasing R&D ratios, German suppliers fail to stand out from international competition. Significant innovations are increasingly coming from China. Chinese suppliers demonstrate ambitious entrepreneurship. German suppliers should take an example and enter into competition with confidence and an appetite for risk. Despite uncertain sales forecasts, Chinese suppliers invest ambitiously (often with state financing). The bold investment practice of Chinese suppliers leads to significantly stronger sales growth compared to international competitors. This high level of investment still leads to above-average sales growth in favor of Chinese suppliers, laying the foundation for long-term success in tomorrow's automotive industry.  3. Many German suppliers seem unable to find a recipe against the dynamics from the Far East. Investments remain constant while competitiveness in overheads decreases. To Do:  1. Suppliers must reinvent themselves and need "flexibility," "focus," and "entrepreneurship."  2. Drive operational excellence and consistently correct overhead costs to be internationally competitive.  3. Stop using linear quantity planning as this no longer works and leads to inefficiencies.  4. Critically reflect on strategy regarding the width of their customer portfolio, the share of their customer-specific products, and processes.  5. German suppliers should take an example of the Chinese suppliers and enter into competition with confidence and an appetite for risk.  6. Don't stop investing and regain focus: Targeted R&D spending aligned with imagined customer needs, high speed, and selective technology leadership. Smart partnerships should also be considered. Hope this helps for your next strategy meeting!

Automotive industry:   Costs are of central importance. Let's take a look at the comparison of the total hourly rate of production between VW and a location in China:   VW with a capacity utilization of 93%: 114,75,-€ per h VW with a capacity utilization of 74%: 142,83,-€ per h   Companies in the automotive industry in Germany/BW: €81.79 per hour   China with a capacity utilization of 93%: 34,05,-€ per h   In summary, the large difference in labor costs means that the German automotive industry must either find ways to achieve higher prices through innovation and quality or rely more on cost-efficient production strategies, including relocation and automation. Global competition and cost pressures are expected to increase further, underlining the need to transform the German automotive industry.   First of all, the massive increase in costs due to very low capacity utilization must be overcome! But how? Actually, all I can see is plant closures and the necessary staff cuts.   [email protected]   https://valueforce.de/

Planning an event like the Michigan Automotive Suppliers Symposium is no small feat; it requires an immense amount of dedication and support from our community. For 25 years, our symposium has been a beacon of knowledge and collaboration, offering invaluable insights into the automotive industry's present challenges and future opportunities. At our symposium, attendees gain access to up-to-date forecasts, engaging discussions on pressing industry topics, and invaluable guidance for navigating the ever-evolving automotive landscape. From manufacturing processes to emerging technologies, from talent acquisition to global expansion strategies, we cover it all. None of this would be possible without the unwavering support of our sponsors, partners, and planning committee, whose belief in our vision drives us forward year after year. Together, we're not just building better organizations; we're shaping the future of Michigan's automotive community. To our attendees and speakers, we hope you will enjoy the 25th Michigan Automotive Suppliers Symposium and take a moment to thank our sponsors while you are there! We can’t wait to see you all next week on March 7th! If you haven’t already, register here: https://lnkd.in/gyPWfTyK To our sponsors and partners, Thank You for your commitment to our shared mission of advancing and enriching Michigan's automotive industry. Here's to another 25 years of growth, innovation, and collaboration. Cheers! 🙌 Title Sponsor: Plante Moran 2024 Sponsors: ArtiFlex Manufacturing, Inc, Bluewater Hayes Inc., JPMorgan Chase & Co., S&P Global, Morrison Industrial Equipment, The Right Place, Inc., Michigan Manufacturing Technology Center, Warner Norcross + Judd, and the Michigan Economic Development Corporation #thankyou #michiganauto #automotive #oemsupplier #networking #gvsu

Half-Year Results 2024: The Rosenbauer Group with strong revenue growth and a significantly improved operating result in the first half of 2024 🔴 Higher volume of vehicle deliveries and more business with equipment, components and services boost revenues by 16.1% to € 534.6 million 🔴 EBITDA has almost doubled to € 29.3 million; EBIT is clearly positive again at € 14.4 million for the first half of the year 🔴 EBT and profit for the period again positive in the second quarter for the first time since 2021 🔴 Incoming orders remain strong, order backlog over € 2 billion See full press release: 🔗 https://bit.ly/4dCpQ6k

We are making good progress on the path to recovery. Strong sales growth, best EBITDA in the Group´s history, operating result at pre-crisis level. At the same time, a very strong order intake has lifted the order backlog to more than 2 billion euros. Last Friday, we presented our H1 2024 financial figures to great media interest. Press conference at 9.00, analyst call at 11.00, one-to-ones inbetween and afterwards. In fact, we talked more about the future at our meetings than about the last six months, during which important decisions were made. #rosenbauer #financials #everythingforthatmoment

To “better meet regional expectations and enhance its supplier satisfaction,” NEXUS Automotive International SA (N!) has announced the opening of a new North American head office in Dallas. According to the organization, as Nexus has strengthened its presence in the North American market over the past few years, its infrastructure will be further reinforced by the establishment of a North American hub in Dallas, where Thierry Mugnier, Nexus’ chief financial and innovation officer, will be based. “This second major location will enhance, support and further deepen the already strong N! relationships with N! suppliers in the North American market,” Nexus stated in announcing the Dallas office. “This significant milestone underscores the ambition N! has to meet accelerated growth expectations and ensure the satisfaction of its suppliers community in the coming months and years.”   According to Nexus, the main objectives are to … • Onboard North American suppliers into the Nexus community. • Help suppliers drive revenue growth by globalizing their businesses. • Accelerate European partners’ access to the U.S. market. • Strengthen supplier satisfaction. #aftermarket #autoparts #autocare Automotive Parts Services Group VIPAR Heavy Duty Inc. Automotive Parts Associates Advance Auto Parts Uni-Select Inc.