Self-driving cars promise to lower the number of vehicle crashes. That’s good news for society, but bad news for original equipment manufacturers (OEM) who will see a big dent in their lucrative collision parts business – fewer new fenders, hoods, and windshields that go to repair vehicles damaged in accidents.
How can OEMs transform to find ways to make up for this knock in their profitability?
Thomas J. Mayor, National Strategy Leader for Industrial Manufacturing, highlights some of the practical realities around the much-touted development of autonomous vehicles :
Learn more about transformation in the automotive industry, visit www.kpmg.com/us/automotive.