VISA Global Industry
The automotive industry is at the forefront of innovation and technological change. It is dominated by the world’s largest automobile manufacturers. These companies have vast dealer networks, allowing them to sell to a global market. The industry is made up of two distinct arms, the manufacturing arm and the retail, service and repair arm. The latter being the largest in the Australian automotive industry. Overall, industry sales are affected by economic conditions and the pressure to produce new, tech-savvy designs with less environmental footprint. The main supply chain challenge of this industry is minimising customer waiting time for new vehicle orders as well as swift, reliable delivery of components and parts for servicing and repairs.
VISA Global Logistics