The global automotive market is feeling the effects of profound change.
Original equipment manufacturers (OEMs) are looking to produce energy efficient vehicles that will meet the demands of tomorrow’s consumers. Manufacturing techniques are changing rapidly, as modernisation reduces the cost and time of assembly. Flexible automated plants are using machine-learning analytics to grow and improve quality.
Emerging digital sales platforms and connected cars are also presenting exciting new revenue opportunities and attracting new market entrants from the technology world.
At KPMG, our specialists will help you navigate these changes. Our experts can advise your business on raising debt and equity finance, mergers and acquisitions, tax, IT, operational transformation, supply chain, procurement and sales. We’ve developed these services by working with the world’s largest and smallest automotive companies. We can use them to help improve your financial performance and reduce risk.
For more information about our range of automotive services, contact our team of specialists today.
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Read about and download: KPMG's Global Automotive Executive Survey 2018
Read about and download: KPMG's Global Automotive Executive Survey 2017
Quote by Jakob Blicher-Hansen, Partner in IGH
"The auto business is part of an open, dynamic & self-organizing Ecosystem consisting of physical assets, services and content. Finding the right balance between where to compete, cooperate or consolidate with industry peers and to wisely co-integrate content from non-asset based digital challengers is key.”
Quote by Nikolaj Møller Hansen, Partner in Audit
"There is a difference between vehicle and customer data. Customers are more willing to share vehicle data compared to behavior data, but in any case this only works if there is a basis of trust. Today, executives grant customers a small say on what happens to their data."