2023 Mid-Year Automotive M&A Trends: What’s Shaking Up the Industry?

Hey there, car enthusiasts! Buckle up and get ready for the lowdown on the latest automotive M&A trends. The Global Transaction Advisory Group has just released their inaugural Mid-Year 2023 Report, and it’s packed with juicy insights. We’ve sifted through the data from S&P Capital IQ, Refinitiv, AlphaSense, and some independent research to bring you the highlights. So, let’s hit the road and dive into the key findings!

First things first, M&A activity in the automotive sector has been on a bit of a rollercoaster ride. The first half of 2023 saw a dip in transactions, both in terms of volume and value. It seems like the big players were taking a breather, as there were fewer large-sized deals on the table.

Now, let’s talk numbers. In the second quarter of 2023, transactions valued over $50 million made up less than 20% of the total disclosed deals. That’s a bit of a shift from previous quarters, with financial buyers gaining some ground. Strategic buyers still held the majority share, but financial buyers weren’t far behind.

But it’s not all doom and gloom. The US car market has been revving its engines. Sales of lightweight autos and light trucks hit a high note in Q2-23, reaching a staggering 15.7 million. And when it comes to assembling those beauties, the numbers were equally impressive. US lightweight autos and light truck assemblies hit 10.7 million. Looks like people are eager to hit the open road!

If you’re hungry for more details, feel free to reach out to our experts. They’ve got all the juicy insights and can answer any burning questions you might have. So, buckle up and stay tuned for more exciting updates from the world of automotive M&A!