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Ernst & Young Global Automotive Center

Ernst & Young's Global Automotive Perspective


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Revving up! Indian automotive industry - a perspective

With its proven competitive product development, manufacturing capabilities and strong engineering know-how, India is positioned to become an integral part of the global automotive value chain as demand shifts toward smaller, less expensive and environment-friendly vehicles.

1:17 pm U.S. ET | Sept.1

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Opportunities in adversity: Automotive industry survey snapshot

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.

12:05 pm U.S. ET | Aug.12

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Tracking the health of suppliers

Original equipment manufacturers (OEMs), especially in North America, have developed effective mechanisms to monitor their direct suppliers for signs of financial stress. The reliability of such systems declines rapidly at the next level of suppliers — the place where the supply chain is most vulnerable during these difficult economic times.

11:29 am U.S. ET | Aug.12

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Outlook for the Russian auto market

Russia’s new-car market grew at an average annual rate of 20% over the past five years to reach 2.8 million in 2008. But the global economic downturn has hit Russia hard, and analysts say new-car sales this year will plunge about 50% below year-ago volumes. Unit sales are likely to recover significantly by the end of 2009—and signal a stronger shift toward locally produced vehicles.

4:20 pm U.S. ET | Aug.6

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Spreadsheet governance

In the current economic environment, the automotive industry is facing growing risk across the enterprise. In the ongoing series of Ernst & Young Global Automotive Center Viewpoints, this installment focuses on spreadsheet risk that results from thousands of department-level spreadsheets that organizations create on an as-needed basis to run their business.

10:32 am U.S. ET | June22

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France's support of the automotive industry

When car sales in Europe began to drop last autumn, Renault and PSA Peugeot Citroen responded by reducing output 40%. The cutback, which continued to February 2009, caused an especially sharp drop in vehicle production in France. Production has since returned to levels in line with actual car sales, but the earlier reductions had a profound impact on suppliers.

12:18 am U.S. ET | June10

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Aftermarket Suppliers: Poised for prosperity in the automotive world

While most of the media attention on the industry focuses on the dismal sales levels, the current situation paints a rather upbeat outlook for one segment of the automotive industry: the automotive aftermarket business. With new car sales down and the average age of vehicles increasing, the inevitable outcome is an increase in the need for routine and light maintenance.

11:57 am U.S. ET | May 28

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A holistic approach to cost control

The need for effective cost control has never been stronger in the US automotive industry. While many companies are aggressively pursuing the ‘low hanging fruit,’ few are actually taking a holistic view necessary to truly maximize the potential savings.

10:56 am U.S. ET | May 9

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How car dealers can cope with Europe's sales slump

The current economic downturn means that car dealers in Europe face many of the same issues confronting the region’s carmakers: the need to cut costs, consolidate and find new sources of revenue. It is a time for innovative thinking, because the old ways of doing business have become less effective.

1:00 pm U.S. ET | May 9

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Managing the downturn

Market challenges for European carmakers were mounting long before the current economic crisis began. Meeting proposed carbon dioxide emission standards will be expensive, and the deepening global car sales slump has magnified the economic hurdles ahead. Other factors complicate the future for both carmakers and their suppliers.

11:21 am U.S. ET | May 9

  
Executive stories

Chrysler learns how to make cars, Italian style
Published: 11/9/09 12:01 AM
Chrysler to invest in dealer network
Published: 11/9/09 12:01 AM
Ford won't sell Ka in North America
Published: 11/9/09 12:01 AM
Ford won't bring Ka, Ranger to U.S.
Published: 11/9/09 12:01 AM
Reilly will replace Forster at Opel
Published: 11/9/09 12:01 AM
New Chrysler, vivid personalities
Published: 11/9/09 12:01 AM
New Chrysler, vivid personalities
Published: 11/9/09 12:00 AM
Former GM ad exec Betsy Lazar goes to Kellogg
Published: 11/5/09 10:20 AM
Lear wins court approval of reorganization plan
Published: 11/5/09 12:02 PM
Lear seeking court's OK to replace 6 directors
Published: 11/4/09 12:00 PM
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