CNBC: Key findings from the 2024 Global Automotive Outlook

27 June 2024

Mark Wakefield and Andrew Bergbaum, global co-leaders of the automotive and industrial practice at AlixPartners, discuss the key findings of the 2024 Global Automotive Outlook.

  • Global expansion: Chinese automakers are projected to achieve 33% of the global auto market share by 2030
  • Challenges in North America: Safety standards and tariffs will limit expansion across North America
  • Competitive edge: Chinese automakers outpace traditional automakers, creating new products in half the time

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