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What is Automotive Industry Paradigm Shift about?

The automotive industry has undergone a paradigm shift in recent decades. Big assembly companies now have low involvement in adding value to their products, instead outsourcing production to suppliers who provide auto parts according to quality standards. This has led to a change from a model of mass production to one of mass customization in order to meet more heterogeneous consumer preferences. Toyota is an example of this shift, with its focus on flexible production, decentralized manufacturing, and part

Author

ramdar

Language

EN