The crisis in the automotive industry shows few signs of improvement, but companies are finding new ways to adapt through innovative strategies that seek to balance risk with opportunities.
This new KPMG International publication provides a descriptive commentary on the state of the automotive industry on a global and regional scale. However, it is also a forward-looking document that addresses possible future trends, such as:
- Consolidation
- Cost cutting through innovation and R&D
- Vehicle age and the aftermarket
- Green technology.
This publication also discusses the rise of developing markets in the global automotive industry. It highlights China, which is far surpassing other nations in terms of automotive sales.