Revenues of automotive industry to increase by more than 50% by 2035 globally

Revenues of the automotive industry generated by the sale of new and used cars as well as spare parts by 2035 will increase by over 50 percent compared to the level of 2018. As indicated by the authors of the report ‘The Future of Automotive Sales and After Sales. Impact of current industry trends on OEM revenues and profits until 2035’, prepared by the consulting company Deloitte, although this increase seems to be a safe, without significant transformation, the automotive sector may have…