In the global automotive industry, whether in mature or developing markets, opportunities and risks are ever present, especially in light of the current volatility that affects the entire automotive industry value chain. But while the possibilities seem plentiful, profitable growth is becoming more difficult to achieve. Challenges - from raw material costs to emerging market considerations and all the way through the retail and service markets and beyond to environmental considerations - can up-end even the best laid plans. In the midst of this landscape, automotive organisations must operate while simultaneously adapting their businesses to new regulations, reducing costs, managing capacity and inventory, and controlling healthcare and compensation costs.
In PricewaterhouseCoopers’ global automotive practice, we bring together professionals in all of these areas and more to help you successfully address the issues and challenges that affect your business.
Automotive challenges
- Business transactions to sustain and grow core revenues
- Cost reduction/performance improvement
- Emerging markets
- Excess labour, production capacity, inventory, and predatory pressures on margins
- Improving supply chain efficiency
- Managing retiree health care costs
- Retail and distribution performance
- New regulations (accounting standards, government regulations - e.g., block exemption reform, IFRS, ELV, CAFE, EU accession, CO2 regulations)
- Environmental sustainability
How PricewaterhouseCoopers can help you
To help meet these challenges, many automotive companies have chosen to work with a professional services organisation that has its finger on the pulse of the automotive industry — an organisation that deeply understands the industry’s fundamental business and financial issues. Only a global organisation with the highest level of automotive industry experience can add value to your operations.
PricewaterhouseCoopers is that global organisation. Welcome to our global automotive practice.
