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
