Automotive Cost Intelligence
CostIQ is an AI-powered platform that transforms how automotive buyers and suppliers manage cost breakdowns — from manual Excel to intelligent negotiation.
Launching with select automotive Tier 1 partners in 2026.
What CostIQ does
01
Suppliers build structured CBDs across all cost categories. Buyers receive full visibility into material, process, tooling, and overhead — not just a final price.
02
Every cost line is benchmarked against real market data. The AI identifies where supplier costs exceed fair market rates and prepares a structured negotiation position.
03
Upload a technical drawing and CostIQ's AI identifies the required manufacturing capabilities — automatically populating the cost builder before the supplier starts.
04
Suppliers see how their machine rates, labour costs, and utilisation compare against country, regional, and global peers — positioning competitively before submission.
05
Machine allocation is calculated automatically against annual volumes. Suppliers confirm capacity per RFQ before nomination — eliminating surprises post-award.
06
Every CBD version, revision, and negotiation round is tracked. Full audit trail from first submission to final nomination — across all suppliers and programs.
11
Cost breakdown
categories covered
2
Sides of the market —
buyer and supplier
AI
Powered negotiation,
benchmarking & analysis