Siemens Financial Services helps corporations to master the digital transformation. Through highly effective partnerships and inventive collaboration, we’re able to ship the guarantees of mobility. In overview, 2021 continued to be powerful for the automotive industry at massive, and this has been mirrored within the discount in TIV in comparability with the 12 months before, stated Roslan. Several challenges arose, from the global chip scarcity, spikes in Covid-19 infections resulting in repeated lockdowns as well as increased transportation prices.

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Global trends in urbanization, climate change, digitalization and shifting economic power all pose significant automotive industry challenges. Every aspect …