KPMG: Revolutionary Changes in Auto Industry

By Rob Starr, Content Manager, Big4.com

Self-Driving Car: The Next Revolution, is based on interviews with leading technologists, automotive industry leaders, academicians, and regulators – as well as research and analysis of industry trends. According to the  report unveiled  by KPMG LLP, the U.S. audit, tax and advisory firm, and the Center for Automotive Research (CAR), self-driving vehicle technology could unfold with several potential impacts – with an emphasis on the convergence of sensor-based and communication-based vehicle technologies.

According to the KPMG/CAR research, the convergence of sensor-based and connected vehicle technologies will happen and will have a positive effect on the adoption of both systems. They think drivers will take the leap. Convergence will bring enhanced mobility and safety and reduced environmental impacts. It may also have far-reaching implications for the traditional automotive value chain and beyond.

Gary Silberg, national automotive industry leader for KPMG LLP and co-author of the report comments:

“For the past 100 years, the automotive industry has been a force for innovation and economic growth,” he says.  “Now the pace of innovation is speeding up and the industry is on the brink of a new technological revolution with “self-driving” vehicles. If they become a mainstream reality, it would be profoundly disruptive to the automotive ecosystem and may have far-reaching implications for the traditional automotive value chain and beyond.”