The auto industry will undergo a profound transformation: the cars it builds, the companies that build them and the consumers who buy them will look significantly different.
The initial public offering of luxury car manufacturer Porsche last fall was a bright spot in an otherwise difficult equity market. So how has the automaker navigated the macro challenges and what are the implications for the sector more broadly? In this episode of Exchanges at Goldman Sachs, Oliver Blume, the CEO of Porsche and its parent company VW, and Goldman Sachs’ Christoph Stanger, who chairs the European equity capital markets team and helped take the company public, go behind the scenes to look at what it was like to take the company public, as well as discuss some of the broader trends in the automotive industry.
Fully self-driving vehicles may still be years away but Goldman Sachs Research analysts believe auto industry profits could rise meaningfully this decade as software becomes increasingly important.
Goldman Sachs Research is introducing a new framework for generalists and ESG investors, the GS SUSTAIN Supply Chain Mosaic, to plug gaps in a patchy data landscape for measuring supply chain risks and to assess business resilience. The collaborative framework blends data on supply chain location and concentration with GS SUSTAIN proprietary scoring of suppliers’ ESG engagement and sovereign ESG risk.
The surge in electric vehicle sales is charging up the battery market in Europe, explains Michael Bruun, who invests in companies focused on sustainability for Goldman Sachs Asset Management.
Axel Hoefer, Goldman Sachs’ head of auto industry coverage in Europe, discusses the impact of coronavirus on the global demand for cars and the outlook for manufacturing as production restarts in some countries.
While expectations for electric vehicles have been scaled back since 2017, one segment of the market is powering forward: hybrids. Goldman Sachs Research explains why “electrified” or hybrid vehicles will be the most profitable and practical solution to reducing dependence on internal combustion engines over the next decade. Watch Video
The global market for electric vehicles (EVs) is poised for further growth as the cost of batteries continues to decline and major auto manufacturers commit significant resources to electrifying their fleets, explains Chris Buddin of the Investment Banking Division. Watch Video
Robert Smith, technology investor and founder of Vista Equity Partners, discusses how digitization continues to disrupt entire industries – from insurance to financial services, auto and beyond. Watch Video