Thought Leadership

Publish Date

Oct 17, 2023

2023 Mid-Year Automotive M&A Trends Report

The inaugural Automotive M&A Trends Mid-Year 2023 Report, compiled by The Global Transaction Advisory Group is focused on key M&A trends: global transaction volumes, values, valuations, and buyer types.

Leveraging data from S&P Capital IQ, Refinitiv, AlphaSense, along with independent research & analysis, we uncover automotive sector industry trends, including company performance across automotive sector segments and US new car sales and assemblies’ volumes. In addition, we look at trending topics automotive companies are talking about in their transcripts over the last twelve months.

Key findings include:

  • M&A activity continued to trend lower in the first half of 2023. A combination of lower transaction volumes and fewer large-sized transactions contributed to a reduction in the total transaction value.
  • Transactions valued over $50 million represented less than 20% of transactions disclosed in Q2-23. There was a slight shift towards financial buyers, compared to past quarters, with Strategic buyers accounting for 60% of announced transactions, compared to 40% for financial buyers.
  • Auto sales and assemblies were higher in Q2-23. US Lightweight Autos and Light Truck Sales (SAAR) increased to 15.7 million, while US Lightweight Autos and Light Truck Assemblies (SAAR) increased to 10.7 million.
  • For more information on the results, insights, or questions about the report and recent trends, please contact our experts.

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