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Dec 15, 2023 · Overview. Revenue - automobile manufacturing industry worldwide 2019-2023. Global car manufacturing industry revenue between 2019 and 2022, with a forecast for 2023 (in trillion U.S....
McKinsey’s analysis tells a story that is largely optimistic and sometimes surprising. But the most important narrative thread is this: the global automotive industry is about to enter a period of wide-ranging and transformative change, as sales continue to shift and environmental regulations tighten.
Oct 27, 2020 · A 2019 Digital Quotient analysis, which is a McKinsey method for evaluating an organization’s overall digital maturity, revealed that the average automotive business has a clear need to digitize, with the industry earning a below-average score compared with other business-to-business (B2B) players.
EV penetration in the US is expected to increase to 30% by 2030 (from about 5% currently) and hit 41% globally (from about 10% now), according to PwC’s auto industry forecast. And, by 2029, auto OEMs globally are forecast to launch over 1,000 BEV nameplates (nearly doubling the number in 2022), with North America accounting for about 170 ...
The automotive industry will remain vulnerable to global headwinds in 2023 including the energy crisis, slower global demand and continued supply-chain problems. Global new-vehicles sales will remain flat in 2023: new-car sales will rise by 0.9% and new commercial vehicle (CV) sales will fall by 1.3%.
Jul 16, 2021 · The automotive industry pumped the brakes hard in the early months of the global COVID-19 pandemic. The effects began in China, where sales plunged 71 percent in February 2020; by April, sales had dropped 47 percent in the United States and dived 80 percent in Europe.
Industry analysis. Automotive. Understand political and economic developments, regulations and market trends shaping the automotive sector with EIU’s award-winning forecasts, analysis and data.
