1、Making a difference 2023 ANNUAL REPORT+Chairman and CEOs statement “We are transforming the world,we are making a difference”2023 highlightsReady for changeRecord earnings Common responsibility,shared benefitsOur response to the environmental challengeResponsible management+About this report+Data ta
2、bles123456Contents23ANNUALREPORTDear friends of CIE Automotive:It is our pleasure to introduce CIE Automotives Annual Report for 2023,a year in which we feel like we made a real difference and helped transform the world through our work.The following pages explain how we took decisions and how we em
3、barked on pathways that not only served to consolidate our financial success but also impacted the people and organisations around us and will ultimately benefit society and the planet in the long term.We are living in challenging times:the sector is faced with making heavy investments to decarbonis
4、e vehicles and increase their connectivity and comfort;it is being drawn into a price war in the electric vehicle segment;and inflation and higher costs are putting pressure on our earnings.There are also,however,encouraging signs that we are on the cusp of a new automotive cycle.Ageing vehicle flee
5、ts around the world,low penetration in emerging economies,and growing sensitivity around more environmentally-friendly cars are some of the most promising factors.Antn PraderaChairmanJess M HerreraChief Executive OfficerWe are transforming the world,we are making a differenceChairman and CEOs statem
6、ent2023 highlightsReady for changeRecord earningsCommon responsibility,shared benefitsOur response to the environmental challengeResponsible managementAbout this reportData tables312345623Chairman and CEOs statementANNUALREPORTDespite this uncertain climate,with its highlights and lowlights,in 2023