Some trends in the auto industry that businesses should be aware of include the rise of electric vehicles (EVs), increased competition from new startups, and the need for unique offerings to stand out. The success of Tesla has led to a surge in new EV startups, increasing competition in the industry. Businesses need to offer something unique that other legacy brands don't have to compete effectively. A strategy group analysis can help identify these unique offerings.
Do you feel trapped to outdo competitors? Better strategies can build a stronger defense against com...
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