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Automotive Industry:Europe: Difference between revisions
Automotive Industry:Europe (view source)
Revision as of 18:23, 14 September 2023
, 14 September 2023→KPMG 2023
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"Recessions come and go, yet the automotive original equipment manufacturer (OEM) sector has continued to grow. And that has placed the focus on building up capacity and harnessing process efficiency. Now, growth no longer looks so certain. In fact, we believe that the automotive OEM sector has entered a period of decline and disruption. Emerging out of the pandemic is a perfect storm that threatens to change the fortunes of the automotive industry." | "Recessions come and go, yet the automotive original equipment manufacturer (OEM) sector has continued to grow. And that has placed the focus on building up capacity and harnessing process efficiency. Now, growth no longer looks so certain. In fact, we believe that the automotive OEM sector has entered a period of decline and disruption. Emerging out of the pandemic is a perfect storm that threatens to change the fortunes of the automotive industry." | ||
[[File:Screenshot 2023-09-14 122234.png|center|thumb|757x757px|https://assets.kpmg.com/content/dam/kpmg/xx/pdf/2023/02/the-european-automotive-industry.pdf]] | |||
Five key factors are driving this perfect storm: | Five key factors are driving this perfect storm: | ||