Global Automotive M&A Deal Value Increased 24 Percent in the First Half of 2013 to $13.1 Billion
Investment in R&D Next Generation Technologies and Innovation Will Likely Drive Future M&A Activity
Detroit, September 25, 2013 ― Global automotive industry merger and acquisition (M&A) deal value increased 24 percent in the first half of 2013 to $13.1 billion total, compared to the same period in 2012, according to PwC’s Automotive M&A Insights: Mid-Year Report 2013. Automotive deal activity continued to slow down over the past two comparable periods. In the first half of 2013, 222 deals closed with a disclosed deal value totalling $13.1 billion, compared to 264 deals closed with a disclosed value of $10.6 billion during the first half of 2012, reflecting a 16 percent decline in volume. In the first half of 2011, there were 303 completed deals with a disclosed value of $18.8 billion, representing a 13 percent decline in volume year-over-year as compared to the first half of 2012.
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Kristin McCallum RitterGlobal&US AutoSector Mkt. Dir.United Stateskristin.email@example.com 313 394 6349