Gearing up for Growth: Key Figures and Findings Regarding the Global Truck Market 2025
As the global truck industry heads into turbulent times, OEMs face new levels of uncertainty and disruption. Despite the turmoil, McKinsey’s recent analysis predicts an expanding global revenue pool and increased profit opportunities for truck makers that know where to look and how to act.
Webcast: Delivering Change—Next-Generation Commercial Transport
What does the future hold for commercial transport and logistics? To find out, we invite you to attend our webcast, “Delivering Change—Next-Generation Commercial Transport and Logistics.” Presenters Dago Diedrich, Matthias Kässer, and Daniel Hannemann will provide insights from a major research project on the topic. Join us on November 18, 2016, from 14:00 to 15:00 CET to catch the entire briefing.
Gearing Up for Global Truck Growth—Part 7: Autonomous Driving
The final segment of McKinsey’s global truck market report takes on autonomous driving in commercial vehicles (CVs). Self-driving CVs could rewrite the book on trucking efficiency and effectiveness by replacing tired drivers with tireless technology. While the benefits in terms of safety, cost savings, and truck utilization could be enormous, learn why most experts don’t expect to see the first autonomous trucks on the road for another ten years.
Gearing Up for Global Truck Growth—Part 6: Telematics
Number 6 in McKinsey’s series on the global truck industry focuses on the outsized role telematics will play in the commercial vehicle market. With virtually all European trucks expected to feature the systems by 2020, the connectivity that telematics offers will spawn a number of new billion-euro revenue pools that OEMs and suppliers could tap.
Gearing Up for Global Truck Growth—Part 5: New Service and Business Models
Truck makers can generate new revenues streams while providing meaningful benefits to their customers by pursuing new services and business models. Part 5 of McKinsey’s series on the global truck market reveals how OEMs can help themselves by helping their customers.
Gearing Up for Global Truck Growth—Part 4: Modular Strategy
Part 4 of McKinsey’s series on the global truck market examines the benefits that a robust modular strategy can deliver. Truck makers have the opportunity to capture product cost reductions of approximately 15 to 30 percent.
Gearing Up for Global Truck Growth—Part 3: China
The third installment in McKinsey’s series on the global truck industry profiles China, which contributes roughly 45 percent of global medium- and heavy-truck demand. It’s a market experiencing a drive toward higher performance, but one also plagued by persistent domestic overcapacity and declining profitability.
Gearing Up for Global Truck Growth—Part 2: Ten Trends
Part 2 of McKinsey’s Truck Initiative explores the ten trends that will shape the global truck market through 2020. From market economics to industry regulation and beyond, the industry at the end of the decade will differ significantly from current norms.
Gearing Up for Global Truck Growth—Part 1: Key Findings
McKinsey research suggests that the global truck industry is moving into the passing lane and should see profits of EUR 11.8 billion in 2020—40 percent higher than 2008. This first part in a series of reports on the truck industry’s future provides key insights.
How “Footprint DNA” Optimizes Production Networks
The global expansion of production networks can make improvement efforts more challenging, especially when complex products are involved. A new approach enables manufacturers to assess their production networks quickly and in a fact-based and actionable way, potentially reducing costs by 15 to 25 percent.
Running an Industry 4.0 Automotive Transformation
Manufacturers are buzzing about the Industry 4.0’s promise and the challenges it represents. As some of the hype begins to fade, leaders need to take a clear-eyed view of what this revolutionary transformation really means, and what their next steps are as they attempt to realize its potential.
Boosting Medium- and Heavy-Truck Fuel Efficiency
Global truck makers need to improve the fuel efficiency of their products to meet economic and regulatory mandates. They have a wide variety of potential solutions from which to choose, but most face significant challenges. A recent McKinsey & Company study that examined many of these solutions in terms of their comparative pros and cons finds significant regional differences in both suitability and profitability.
Forces Shaping the Global Truck Market's Future
The global heavy truck market is changing rapidly as profit centers shift from Triad countries to emerging markets. To cope effectively with these shifts and remain competitive, industry players need to understand the global forces at work and their impact on the company's performance.
Building a Winner: Designing an Automotive Strategy for Success
There is no fast track to designing a winning strategy program. In part seven of McKinsey & Company's series on automotive corporate finance, learn more about the strategy method that can help automotive players design a well-tailored plan that meets their needs.
Prospects for Global Heavy Truck Sales
The global heavy truck industry should grow through 2020 in terms of both revenue and profit. This would result from key emerging markets experiencing increased truck sales revenue and the shift toward a richer product mix as well as heavier products boosting bottom-line results. A number of other key market trends will also support increased industry profit, although some factors (e.g., stricter exhaust emissions standards and high competition levels in China and India) will also be in play that could reduce OEM profit over the coming decade.
Rethinking China's Automotive Industry Prospects
Conventional wisdom assumes that China's automotive industry will follow a known and relatively slow path to international success. But McKinsey & Company's Global Forces methodology highlights the greater chance of a more radical outcome. If true, this outcome could significantly disrupt the global automotive industry, dramatically changing the competitive playing field and forcing OEMs worldwide to scrap their current strategies.
Webcast: The Future of Commercial Vehicle Industry – Outlook on Profits Pools, Trends, and Implications
Integral elements in everything from the oldest incumbent’s logistics strategy to the newest startup’s go-to-market plans, commercial vehicles (CVs) mean business. To understand the changes ahead for the pivotal CV industry, please log-in to the Automotive and Assembly Extranet on Friday, July 13, 2018 at 2:30 pm (CET) for a webcast that examines the future of the commercial vehicle industry.
Route 2030 - The Fast Track to the Future of Commercial Vehicle Industry
Truck makers seeking technology leadership must balance the traditional focus on diesel powertrains with the need to explore innovations like electric powertrains and autonomous vehicles. McKinsey has issued a report examining the challenges and opportunities of this strategy.