EY Report on Innovations in Technology and Impacts to Risk for the Automotive Industry
Driven by technological innovation, complex supply chains, increased environmental concerns and an uptick in protectionist trade practices, globalized industries must fundamentally reconsider how they manage risk and how they comply with a plethora of changing and regulations. The risks for the automotive sector may be even greater because of its sheer size, the reach of its supply chains, and its impact on the environment. In this paper from BELA Global Strategic Partner EY, discusses the key risks in the industry from a legal, compliance and ethical point of view. In particular, they look at fraud and corruption risk in a market which has had a number of large and extremely visible cases. They also look at the future ethical risk factors inherent in different parts of the production process.