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Big Changes, and Challenges, Ahead for Automotive Industry

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". 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.

Topics:
Automotive Green Design & Manufacturing

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    Transcript

    00:00:13 Be right back. I'll be ready. [Music] Good morning, Beth. Nice run today. Vital signs are strong, but your hydration is low. Why don't you rehydrate and let me drive? Yes, good idea. Let's go through my messages now.

    00:01:10 You have three unopened messages. Text message from Lisa. John asked for an hour this afternoon to prep for the analyst call next week. I can move your team meeting to four if that's okay. also need to know if I can confirm you on the women in media panel in January. Yes, on the team meeting and yes on the January panel. There's a lane closure on the 220.

    00:01:37 Alternate route will add an additional 7 minutes to our commute. Do you want to alert your administrative assistant? Yes, please ask Lisa to move my 7:30 to 7:45. The next message is from Dr. Markx. Please send your vitals in advance of your appointment tomorrow. Yes, send now. Now, pull up the times. I need to check

    00:02:00 out our earnings release. Beth, you have an incoming video call. Open the call. Hi, honey. Happy anniversary. Happy anniversary, sweetie. How's it going? You know, long hours. London's no fun without you. A When are you coming home? tomorrow. I hope. I miss you. Oh, me too. I got to go. Okay, well, call me tonight. I love you. I love you more.

    00:02:30 [Applause] Have a nice day, Beth. Thanks. Pick me up at 6:30. Good evening, Beth. I have a voicemail from Ted. Would you like to hear it? Oh, yes. Hey, honey. Remember that awesome Cabernet we loved in Napa? I found a case of it at the wine shop. Ooh. It was

    00:03:07 going to be a surprise anniversary present, but since I'm in London, can you swing by the wine shop and pick it up on the way home? Text me if you can do it. I'll let them know you're coming. Love you. Do you want to reply? Yes. Text Ted that I'm on my way. Let's go. Happy anniversary, B. Oh my gosh, this is awesome.

    00:03:38 I can't believe you. You good. Wow. Thank you. Oh my gosh. For you and we have reservations right around the corner. This is the best anniversary ever. Love, I'll be back after your dinner.

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