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Oct 27, 2020 · In fact, many auto-retail stores have remained closed for a month or more. We estimate that the top 20 OEMs in the global auto sector will see profits decline by approximately $100 billion in 2020, a roughly six-percentage-point decrease from just two years ago. It might take years to recover from this plunge in profitability.
May 5, 2021 · The automotive industry is shifting gears. Global disruption, technological advances, the focus on sustainability and changing consumer behaviors are altering the automotive industry on many ...
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Jan 18, 2023 · ESG jumpstarts a movement. The automotive industry serves as a barometer for the health of the manufacturing sector, in large part due to its reliance on complex global supply chains. With the recent rise of environmental, social, and governance (ESG) initiatives, new pressures are being placed on auto makers to monitor and self-audit.
Jan 1, 2022 · The automotive industry was a largely closed club since World War II, but Tesla showed it’s possible to crack the code. ... But others, like Byton, Lordstown Motors and Faraday Future are ...
In the Future of Automotive report, KPMG professionals look at how these changes create eight strategic imperatives. To fulfil these strategic imperatives, KPMG professionals believe that companies will need to become “connected enterprises”—organizations that use data and digital technology to function more smoothly, develop innovative ...
