Automotive

The value of the global automobiles and components industry in 2005 was US$ 1,684 billion¹. KPMG's Automotive practice is a key focus across the KPMG network of firms spanning the U.S., Europe and Asia-Pacific. The KPMG network of firms provide services to a wide ranging audit, tax and advisory client base including all of the top 15 global automotive companies².

Our Regional Capabilities Americas Investment has been made in advisory services related to risk management in support of our firms’ clients across all automotive sectors. As part of the corporate sponsorship of the North American International Auto Show (N.A.I.A.S.), KPMG in the U.S. hosts industry Share Forums which facilitate industry members in discussing a range of industry issues. Europe, Middle East, Africa KPMG firms have particularly strong Automotive practices in Italy, France, Germany, Sweden and the U.K. which support clients in addressing the challenges of the automotive industry at local, regional and global levels. As per KPMG in the U.S. above, industry Share Forums are also being introduced in this region. Asia Pacific The Asia Pacific region plays an increasingly important role in the global Automotive industry. Japan and Korea have established leading global players, of which many are KPMG firms' clients. China and India are fast-growing markets and KPMG is developing strong Automotive practices to support clients operating in and from those regions.

Core Industry Issues

These include:

• New market entry strategies, including the role of joint ventures
• Emergence of new market players looking to internationalize
• Global, regional and local strategies
• Cost reduction and supply chain improvements
• Plant location, closures and relocation

For more information, download KPMG and the Automotive Sector (.pdf).

Contacts To learn more about the Automotive Practice, please contact: Global Chair, Automotive Uwe Achterholt +49 89 9282 1355 Global Executive, Automotive Roland Schmid +49 89 9282 1147

¹Global Automobiles and Components, Datamonitor, April 2006

²KPMG International competitive analysis based on Financial Times Global 500 (June 2006), Fortune Global 500 (July 2006), and Business Week 1200 (December 2005)