CHANGES IN industry dynamics, typically caused by technology, can lead to doomsday for established players. IBM, which dominated IT for decades, faced it in early 1990s. It took an outsider, Louis Gerstner Jr, to save the company. But photography giant Eastman Kodak wasn't able to manage a turnaround, and went bankrupt in 2013.
The global auto industry is now facing structural changes with EVs. An ICE vehicle has hundreds of moving parts, so the auto industry's supply chain is vast. Managing this network of thousands became a major entry barrier for new players. By 1980s, all major players had a significant presence in the three major markets of North America, Western Europe, and Japan, preventing the entry of newer players.
Diese Geschichte stammt aus der December 28, 2024-Ausgabe von Financial Express Kolkata.
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Diese Geschichte stammt aus der December 28, 2024-Ausgabe von Financial Express Kolkata.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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Eight jawans among 9 killed in Naxal attack
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Cautious Outlook for Auto Companies in Q3
• No segment shows growth except tractors
SBI Cards: Credit costs to improve
● Management strengthens risk assessment measures
Banks: Slower loan growth a worry
Asset quality concerns ease
In search of a growth driver
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Tesla and Waymo should learn from '24 air crashes
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Judicial Overreach Unwarranted
High Court Order Staying Religare Enterprises AGM Risks Undermining Shareholder Rights, Regulatory Authority, and Market Confidence
Weak drivers
Budget should have measures to resuscitate the middle class
Donald Trump denies he will pare back tariffs plan
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Trump Haunts Central Banks Primed for Wary Rate Cuts in 2025
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