For an industry built on disruption and innovation, 2023 promises to be another paradigm-shifting year in automotive. The digital transformation has illuminated the consumer’s desire for game-changing technological innovations, and M&A dealmakers in the auto space who wish to stay competitive need to transform just as fast. In fact, a report from Bain & Company found that scope deals—in which firms penetrate a new market or acquire a new capability—now represent about 70% of automotive and mobility transactions over $100 million. Here’s what you can expect to see in the next 12 months:
Continue Reading M&A Industry Spotlight: Automotive
Thomas S. Vaughn
Thomas S. Vaughn's practice focuses primarily on mergers and acquisitions, public securities offerings, public company securities compliance, and private placements of securities involving institutional, venture capital and private investors. He serves as United States general corporate counsel for a number of international companies, with a focus on companies involved in the automotive industry. He has assisted these clients in establishing and growing their United States operations through both acquisitions and internal growth.
Is the Electric Revolution Here to Stay? Here Are 3 Major Trends That Will Define Automotive M&A in 2023
Even in the face of considerable headwinds, dealmakers in the automotive industry have continued to stay busy. The emergence of new technologies continues to transform the M&A market, and automakers who want to stay competitive need to transform just as fast. In fact, a report from Bain & Company found that scope deals—in which firms penetrate a new market or acquire a new capability—now represent about 70% of automotive and mobility transactions over $100 million.
For an industry that’s practically built on disruption and innovation, 2023 promises to be another paradigm-shifting year in automotive. The automaker of tomorrow will do way more than simply manufacture the car you drive—it will enhance your entire in-vehicle experience.
So what does this mean for automotive M&A in 2023? Find out when we release our 18th Annual Outlook report in November. Here’s a sneak peek at three big trends to watch out for:
Continue Reading Is the Electric Revolution Here to Stay? Here Are 3 Major Trends That Will Define Automotive M&A in 2023
Results Are In! Dykema, MICHauto and The Right Place COVID-19 Automotive Outlook Flash Survey
The automotive industry is a critical component of the U.S. economy connecting a wide range of industries, from part and raw material suppliers to providers needed for the day-to-day sale and operation of vehicles. In July 2020, Dykema, MICHauto and The Right Place canvassed automotive executives, professionals and service providers to gauge their perspectives on the U.S. economy and the automotive industry and, particularly, the effect of the COVID-19 pandemic.
Click on the links below for insights regarding how respondents feel COVID-19 affected the U.S. economy and the automotive industry.
Continue Reading Results Are In! Dykema, MICHauto and The Right Place COVID-19 Automotive Outlook Flash Survey