COMMENT: Auto industry evolution is creating opportunities for new players

A glance at car registration figures in the EU over the last 19 months reveals a clear inclining trend, rising 9.3% in 2014. With the sector seeing revenues reach US$93bn in 2013, clearly the industry is recovering well post recession.

However, with a new shift in consumer demand, the market is looking increasingly fast-paced and competitive. The last few years have seen rising demand for safety features and a greater emphasis on technology in cars, particularly around infotainment systems. Consumers now expect systems such as