Big changes, and challenges, ahead for automotive industry (video)

  • 19-Nov-2014 03:52 EST
Still pulled from KMPG video.jpg

Click https://www.youtube.com/watch?v=vg4TB10QO7Q to watch a KPMG video presenting the company's vision of the future.

The rise of new geographical auto markets (and stagnation of others), the proliferation of new "connected-car" technologies including automated driving, and a diminishing case for car ownership are among a number of challenges facing automotive industry decision makers. The challenges are spelled out in a new KPMG LLP white paper titled "Me, My Car, My Life" (http://www.kpmg.com/US/en/IssuesAndInsights/ArticlesPublications/Documents/me-my-life-my-car.pdf). None of the challenges that the report highlights is a revelation; what's notable about the report is how it summarizes the challenges and attaches dollar and other figures to them. And it offers some advice to automakers, including this: seek out partners to tackle these formidable challenges rather than trying to conquer them alone.

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