Automotive Overview - Ernst & Young - United States

In our recent survey, we asked US consumers to share their sentiments on vehicle electrification and reveal which factors would influence their decision to purchase an EV in the future. Don't miss the findings and our pointed assessments (pdf, 122.1kb) 

Undoubtedly, the financial crisis has severely impacted the automotive industry— if not more so than — any other industry. What are you doing differently to manage your business during this tumultuous period? Have you shifted your focus? Working with the Economist Intelligence Unit, we asked these questions of leading, global executives. Find out how they're responding to the crisis, and working to sustain their future (pdf, 276K).

The response by industry stakeholders to the threat of climate change is transforming the automotive business like never before. Besides reducing emissions and improving the energy efficiency of automotive facilities, how can you address the risks and maximize the opportunities the industry’s response to climate change will bring to your organization?

How can automotive executives manage their companies through the recession and position themselves for growth? After interviewing thousands of executives, we identified some overarching themes. From demonstrating operational flexibility to optimizing market reach, we reveal the lessons that could mean the difference between surviving and thriving in the new economic environment.

Among the relatively buoyant economies of Southeast Asia, Thailand has established itself as a global automotive manufacturing hub (pdf, 2.1mb). Even with a questionable industry outlook, many global leaders, including (but not limited to) Ford, General Motors and Toyota, have begun implementing far-reaching production expansion strategies in this market. For companies considering entry or expanding business activity in Thailand, this overview will offer plenty of insights.

The growing complexity of compliance and the struggle to agree on a single set of globally accepted accounting standards (pdf, 837.2kb)  is increasingly relevant for multinational automotive companies. Learn about the requirements of IFRS and see our comparison charts on key issues including, revenue recognition, research and development costs, tooling, restructuring costs and onerous contracts for both vehicle manufacturers and suppliers in the automotive industry.

In our collection of Global Automotive Center Viewpoints, we offer practical guidance and up-to-date knowledge on pertinent issues affecting the automotive industry, such as mergers and acquisitions, risk management in emerging markets, financial performance management and technology risk. Discover which trends are affecting various automotive markets and see what our executives have to say about the industry’s challenges and opportunities.