The automotive industry is transforming quickly – and manufacturers face conflicting goals:

The shift towards electromobility requires the quick adaption of plants – but those are still needed for conventional vehicles.
At the same time, many car manufacturers need to increase efficiency in production. 

Even more, with increasing competition, automakers are more than ever in a rush to get new models to the market quickly.

So what can car manufacturers do?

Minimizing risks with a contract manufacturing partner

In an ever-changing industry, established car manufacturers face multiple challenges. Outsourcing certain models to contract manufacturers is an option to stay competitive. 

However, such a step requires a lot of trust in the manufacturing partner.

• Will the quality be the same?
• Will production start on time?
• And will production still be profitable?

“It’s a done deal for our customers. We agree on certain KPIs in the contract – and we have to deliver on that. There are no excuses,”
says Magna expert Karl Hartl.

Eliminate the most important risks:

How to find the right contract manufacturing partner

If outsourcing is the right option for you, you should get to know your future contract manufacturing partner to ensure, that this cooperation is a long and beneficial one.

Get your free guide and find out how to find the right partner for you and read about 10 essential questions automakers should ask a potential manufacturing partner before hiring them.