Your new post is loading...
02-03-2018
Luxembourg’s Automotive (Mobility) Sector is transforming rapidly to deal with the disruptive technological change and challenges that it is facing. Joost Ortjens, Head of Sector Development – Automotive at Luxinnovation, talks about the opportunities and challenges as well as the top priorities in his 2018 strategy roadmap.
In KPMG’s Global Automotive Executive Survey 2017, the results strongly emphasised that, “the car itself will continue to be a major revenue stream but it will not be the only one and auto companies will have to develop new service-and data-driven business models together in one digital ecosystem” ensuring that the all-important customer is kept at the centre. We spoke to Joost Ortjens about the Luxembourg Automotive Sector and how he is setting his sights to grow the sector with these challenges and opportunities in mind.
JOOST, HOW WOULD YOU CLASSIFY THE AUTOMOTIVE MARKET IN LUXEMBOURG?
Luxembourg is centrally located in the heart of the European automotive community. At the crossroads between Germany, France and Belgium, we offer excellent access to all European development locations of both Original Equipment Manufacturers (OEMs) and TIER1 suppliers. It is an ideal location for component suppliers with a multi-customer base to develop and tailor products to a wide range of customer requirements.
What we “sell” is basically the most competitive entry-ticket to the European Automotive/Mobility market. The Luxembourg automotive industry contains companies supplying global OEMs headquartered in Europe. The internal Luxembourg market (business opportunities in Luxembourg), is not much in discussion. However, Luxembourg as starting point for business development in the European single market makes a lot of sense.
There are many suppliers in Luxembourg, whose products are unlikely to become obsolete, no matter which drive concept will dominate in the future, for example tyre manufacturers like Goodyear, car glass producers like Carlex or companies like IEE, developing and selling occupant classification systems and driver-state recognition sensors.
Luxembourg owes its attractiveness in part to a business friendly taxation and investment climate (includes also R&D funding). There is more to the country though. Automotive players in particular value the capabilities of the highly-educated, very international, Luxembourg working force which is at ease in most of the European business cultures and switches effortlessly between languages.
Learn more / En savoir plus / Mehr erfahren:
https://www.scoop.it/t/luxembourg-europe/
Luxembourg’s Automotive (Mobility) Sector is transforming rapidly to deal with the disruptive technological change and challenges that it is facing. Joost Ortjens, Head of Sector Development – Automotive at Luxinnovation, talks about the opportunities and challenges as well as the top priorities in his 2018 strategy roadmap.
In KPMG’s Global Automotive Executive Survey 2017, the results strongly emphasised that, “the car itself will continue to be a major revenue stream but it will not be the only one and auto companies will have to develop new service-and data-driven business models together in one digital ecosystem” ensuring that the all-important customer is kept at the centre. We spoke to Joost Ortjens about the Luxembourg Automotive Sector and how he is setting his sights to grow the sector with these challenges and opportunities in mind.
JOOST, HOW WOULD YOU CLASSIFY THE AUTOMOTIVE MARKET IN LUXEMBOURG?
Luxembourg is centrally located in the heart of the European automotive community. At the crossroads between Germany, France and Belgium, we offer excellent access to all European development locations of both Original Equipment Manufacturers (OEMs) and TIER1 suppliers. It is an ideal location for component suppliers with a multi-customer base to develop and tailor products to a wide range of customer requirements.
What we “sell” is basically the most competitive entry-ticket to the European Automotive/Mobility market. The Luxembourg automotive industry contains companies supplying global OEMs headquartered in Europe. The internal Luxembourg market (business opportunities in Luxembourg), is not much in discussion. However, Luxembourg as starting point for business development in the European single market makes a lot of sense.
There are many suppliers in Luxembourg, whose products are unlikely to become obsolete, no matter which drive concept will dominate in the future, for example tyre manufacturers like Goodyear, car glass producers like Carlex or companies like IEE, developing and selling occupant classification systems and driver-state recognition sensors.
Luxembourg owes its attractiveness in part to a business friendly taxation and investment climate (includes also R&D funding). There is more to the country though. Automotive players in particular value the capabilities of the highly-educated, very international, Luxembourg working force which is at ease in most of the European business cultures and switches effortlessly between languages.
Learn more / En savoir plus / Mehr erfahren:
https://www.scoop.it/t/luxembourg-europe/