As the global automotive industry enters into a phase of restructuring, global auto executives have named connectivity and digitization as the top automotive trends in our 20th KPMG Global Automotive Executive Survey (GAES). Change and more change is imminent; executives believe a shift in the industry is on the cards. Players will need to build on core competencies while defining a new role for themselves beyond traditional expertise.
The 2019 KPMG Luxembourg Market Survey demonstrates the uniqueness of the Luxembourg automotive landscape. The dominance of premium brands and relatively large size of the car fleet indicate economic prosperity. However, there is an underlying challenge which is becoming more pressing: meeting ecological milestones.