From the first generation cars to the modern vehicles, the automotive industry has come a long way. New technologies, shifting customer preferences, and sustainability policies have given rise to new trends in the sector. Let us look at each in a little more detail.
Autonomous vehicles: Self-driving cars are much talked about. Associated facets of autonomous driving — self-braking, speed control, automatic parking, following traffic rules, lane discipline, etc., — are being tested. Technology is continuously developing and being perfected.
Connectivity: We know about smart homes with centrally controlled washing machines, light bulbs, and air conditioners (ACs). The automotive industry has also adopted this technology, allowing vehicles to communicate with each other and outside systems. Examples include digital car keys (smartphones) and Global Positioning System (GPS).
Car customers are getting younger, with 40% below the age of 35. They prioritise safety, design, comfort, and technology and prefer feature-rich models with sunroofs, automatic parking, internet connectivity, and more, rather than cars for just commuting.
Eco-friendly vehicles: Industries aim for net-zero emissions to address environmental concerns. The automotive industry is exploring green fuel alternatives like biodiesel, hydrogen, natural gas, ethanol, and electricity. This has resulted in an increase in electric vehicles on the road.
Diverse mobility: Over-congested roads and prolonged travel times in metropolitan cities harm the environment. However, carpooling, public transportation, and electric car usage are gaining popularity among environmentally conscious commuters.
Emerging trends in the automotive industry are transforming skill requirements and in turn, talent acquisition.
In its early years, the automobile industry required mechanical engineers, sales managers, and production managers. Today, as cars start to resemble computers on wheels, organisations must review their skill demands and take into account new specialties and requirements for talent acquisition. Hiring must:
As emerging trends transform the automotive industry, talent acquisition managers must adapt their hiring practices. This means identifying the new skills and knowledge required for the industry's future and designing recruitment strategies to attract those skills. It also means being open to using technology to find and engage with potential candidates. Embracing the workforce revolution is key to future-proof organisations.Ref:
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