PwC's Autofacts Americas leader and senior automotive analyst Brandon Mason told a packed house at the 2016 AIAG Supply Chain Summit that the emergence of alternative mobility technologies and trends is going to have an impact up and down the automotive supply chain. “The supply chain is going to fundamentally change, with completely new players entering the field,” he says.
The Supply Chain Summit, held June 14, 2016 in Livonia, Michigan, provides an annual overview of the most industry trends as well as updates on current AIAG supply chain projects and initiatives.
In his presentation about the state of the automotive industry, Mason provided a global and regional market update and identified key issues affecting the industry such as oil prices, emission regulations, and China's economic impact. Mason focused on a deep dive into the North American market from a sales, assembly, and import/export perspective, leading a discussion on when the next economic downturn is expected along with its predicted impact on the industry.
“We’ve had good times with our record 7th consecutive year of growth, but we do forecast a downturn in the next few years, and it’s important to understand the ups and downs and the trends that are going to impact sales such as ride-sharing, vehicle-sharing, and autonomous vehicles,” he notes.
Take a look at what Brandon Mason has to say about future automotive sale cycles in this exclusive video interview with AIAG’s e-News editor, Carla Kalogeridis.