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With all global automotive production markets growing, except for Western Europe, and auto supply assets still undervalued, merger and acquisition (M&A) activity is anticipated to remain at near record highs in 2012, with about 270 auto supplier deals expected globally.
In this upcoming lunch event, Jim Ashby, partner at PRTM, a management consulting subsidiary of PwC, will share with AmCham China members key findings of the PwC Global Automotive Management Consulting practice's fifth annual study on "Consolidation in the Global Automotive Supply Industry 2012."
In this upcoming lunch event, Jim Ashby, partner at PRTM, a management consulting subsidiary of PwC, will share with AmCham China members key findings of the PwC Global Automotive Management Consulting practice's fifth annual study on "Consolidation in the Global Automotive Supply Industry 2012."
This study includes 700 auto suppliers with 2011 aggregate revenues of US $2.8 trillion from Brazil, China, Europe, India, North America, Japan, and South Korea. It predicts which suppliers are likely to make acquisitions or divest non-core assets and which may need financial assistance or restructuring.
