| 4:37 PM EST

Eight Mega Trends Shaping the Global Light-Vehicle Industry

The revenue, costs and profitability of the global auto industry will be shaped over the next decade by eight mega trends, according to the EY Global Automotive Center.

Share

Facebook Share Icon LinkedIn Share Icon Twitter Share Icon Share by EMail icon Print Icon

The revenue, costs and profitability of the global auto industry will be shaped over the next decade by eight mega trends, according to the EY Global Automotive Center.

EY, which analyzes these trends in detail in its full report, offers highlights in this four-page summary. The eight mega trends are:

Governments push for safer, cleaner transportation

OEMs develop new value propositions to meet shifting mobility needs

New players take the lead in the mobility market

Social media redefines automotive marketing

Collaboration among industry stakeholders

Portfolio rationalization among OEMs

New risks arise from the globalization of the industry

Recession and OEMs press tier 2 and 3 suppliers toward new strategies

Click HERE to learn more about the EY Global Automotive Center.

Related Topics

RELATED CONTENT

  • Suzuki Refines Hayabusa Engine

    When Suzuki developed the GSX1300R, it set out to build the fastest mass-production motorcycle on the market. As competitors gained ground and stringent emission regulations were set, Suzuki set out to reinvent the bike.

  • RAV4: 4 Things About the Fourth Generation

    Although the RAV4 has plenty of heritage in the small crossover segment, competition has gotten a whole lot tougher, so Toyota has made significant changes to the fourth-generation model.

  • GM Faces Lawsuit Over Faulty 8-Speed Transmission

    A class-action lawsuit has been filed against General Motors Co. over claimed flaws in the company’s 8-speed automatic transmission used in 2015-2019 model rear-drive vehicles.