Sign up for tax alert emails GTNU homepage Tax newsroom Email document Print document Download document
October 27, 2020
How new mobility brings about new risks for the automotive industry
Auto manufacturers and their suppliers are under pressure from many sides. They have to invest billions in cutting-edge technologies, such as alternative drive systems and mobility services, to secure their future business. At the same time, they are battling with strict emission regulations, a slowing economy and declining sales figures. Many manufacturers have responded to these challenges with cost-cutting measures and have announced that they are going to reduce their number of employees. However, saving now on data security will come back to haunt them later. An EY article provides details.