2018 was a record year for deal value in the global automotive sector, with $97.5 billion announced, doubling the previous year’s value of $48.4 billion. The year was driven by five megadeals—accounting for 43% of total value as component suppliers continue to invest in key technologies of the future and further consolidate for scale. In 2018 there were 20 deals in excess of $1 billion—more than double the average witnessed over the last three years. While macro factors could cause head winds in the new year, the availability of capital and pace of change in the industry should lead to a strong M&A environment in 2019.
“New technologies and economies of scale drive automotive deals in 2018.”
US Automotive Deals Leader, PwC US
Tel: +1 (313) 394 3525
Automotive Leader, PwC US
Tel: +1 (313) 394 6738