Automotive

Integrated services for automotive manufacturers, suppliers and retailers

Today’s automotive industry is affected by many trends. Governments are tempering the need for revenue with increased competition for labor and capital. Tax authorities are adapting their enforcement strategies, focus and policies in response to the changing dynamics of business. Companies are balancing competing priorities, ensuring they maintain compliance while adding value.

Through Ernst & Young’s Global Automotive Center, we can assist you with these critical issues. Our 7,000 automotive-focused professionals collaborate and share knowledge around the world, to provide consistent, high-quality service to our automotive clients.

Key issues in today's automotive environment include:


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Mega trends impacting the next decade

The global recession reset the automotive industry landscape. As the industry recovers, automotive companies across the value chain must focus on:

  • profitable and sustainable growth
  • financial and operational flexibility
  • investments in new technologies
  • seizing opportunities in high-growth markets

Automotive companies should ask themselves the following five questions to help prepare for the next decade.

  1. How will products need to adapt?
  2. How will business models need to adapt?
  3. What are the new market dynamics?
  4. What are the supply/value chain issues and implications?
  5. How will demand for vehicles and mobility evolve?

When we thought about the possible ways automakers could answer these questions, those answers led us to identify eight mega trends shaping the industry over the next decade. Knowing more about these mega trends can help you understand how your business can leverage opportunities in the industry.

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Electric vehicles and alternative technologies

The growing interest in alternative powertrain technologies, especially the increased electrification of vehicles, is affecting the entire automotive industry value chain and creating new mobility trends involving several new, non-automotive stakeholders.

Existing vehicle manufacturers (VMs) are adding alternatively powered vehicles to their product line-ups, such as plug-in hybrids and pure electric vehicles, while new market entrants are using transformation of mobility drivers as their door into the automotive industry.

Our Advanced Mobility Group is poised to help automotive companies navigate this transformation, including assistance with investment decision support, business process change, strategy and increased collaboration.

Increasing your understanding of new opportunities is our goal. In addition to traditional automotive companies, we also work with:

  • Cities looking for a sustainable EV infrastructure strategy
  • Policy-makers designing EV industry support mechanisms to jump-start the market
  • Utilities looking for new revenue streams and greater client engagement
  • Companies that need business valuations for EV-related assets
  • Fleet managers evaluating new powertrain architecture
  • Finance executives assessing the tax and finance implications of leasing EVs
  • Manufacturers looking for government incentives for R&D and other projects
  • Entrepreneurs trying to craft a winning business model
  • VMs fine-tuning their downstream strategy

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For more information, contact Jean-Francois Tremblay, Advanced Mobility Group Leader.

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Rapid-response guidance on current events

In moments of crisis or unforeseen transitions, it’s important to have a support network to turn to for guidance. From natural disasters to company mergers and changes in tax regulations, automotive companies are not immune to the effects of the unexpected.

Our global automotive analysts continuously monitor the industry's ecosystem to identify events that pose significant uncertainty - in terms of opportunities or risk - and assess potential outcomes and implications for stakeholders.

Turn to us for industry specific rapid response guidance when you’re faced with unexpected changes.

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Emerging markets changing the automotive industry

The rise of emerging markets gives the automotive industry a new business prospective. Challenges and opportunities exist in a growing middle class, evolving government regulations and increasing competition.

Whether you have a tight focus on the BRIC countries or want to see the full range of emerging market growth, we provide a global perspective.

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