Despite predictions that the global automotive industry’s light vehicle sales will see growth slow from an annual average of 3.1% between 2007 and 2014 to an annual average of 2.6% between 2015 and 2021, the industry faces huge upcoming investments. In coming years, the industry must invest tens of billions of euros in C.A.S.E. (car connectivity, autonomous or assisted driving, new mobility or car sharing, electrified powertrains and components) capabilities.
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