AN INTERIOR VIEW - AUTOLINE THIS WEEK 2014

EV Channels Review

This episode of Autoline This Week features Steve Miller, CEO of International Automotive Components Group (IAC), discussing the significant consolidation and evolution within the automotive interior supply sector. Miller highlights the shift from interiors being a low-margin "lost leader" to a critical area for automakers, driven by the need for global capability, advanced technology, and enhanced customer experience. He explains IAC's global expansion, particularly in Asia, and the strategic focus on improving bottom-line growth through efficiency and technological innovation, such as lightweighting and advanced acoustics. The discussion also touches upon the potential impact of autonomous vehicles on interior design and durability. Miller, known for his turnaround expertise, clarifies his role at IAC is not one of distress but of optimizing a healthy, growing company, with future possibilities including an IPO or sale, though the immediate focus is on business improvement.