CNBC: Key findings from the 2024 Global Automotive Outlook

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

Read the article on CNBC.com