Automakers can balance strategic growth with preserving value in the digital transformation era by adopting a few strategies. Firstly, they can invest in new technologies like electric, connected, and autonomous vehicles to stay competitive. Secondly, they can assess the realities of their operations and make necessary adjustments to align with the digital transformation. Thirdly, they can explore new revenue streams such as in-car entertainment to capitalize on the growing demand. Lastly, they should ensure their strategies are adaptable to changing conditions to maintain their value.
How can you keep up with the time so your business stays relevant in an increasingly digitized world...
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