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E-book Five Trends Transforming the Automotive Industry
From the customer’s point of view, the five dimensions are associated with numerous benefits. All predictions suggest that driving will become easier, safer, cheaper, and more comfortable. At the same time, the revolution in
individual mobility will force the automotive sector to reinvent itself to a certain extent. In our whitepaper Re-inventing the wheel1 we already addressed the key strategic and conceptual consequences of this trend. The present study goes an important step further. PwC Autofacts – a team of automotive industry specialists dedicated to ongoing analysis and prognosis of sector trends – has devised a mathematical model to determine the effects of restructuring on the key performance indicators of this sector. The main focus here is on the existing car inventory and new car sales. Ultimately, these two variables determine the value chain of automotive production – and are therefore critical for the futurebusiness models of manufacturers and suppliers in equal measure. For our study, we concentrated on the three largest car markets in the world, namely Europe, the US and China.
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