Drive Time: Cars—Fact, Fiction and a Future with Consultants in the Driver's Seat

Hidden among alluring innovations like autonomous vehicles, electric vehicles (EVs), connected cars, and ride-sharing lurks an automotive industry aspect that generates incredibly valuable consulting opportunities: The industry is highly capital-intensive and cyclical. Take it to the bank—you heard it here first.

Of course, automotive practices have been doing just that for years, and they should expect the demand for these traditional services to sustain well into the future. That's the case despite the recent explosion of potentially disruptive technological advances, related shifts in consumer behavior and new regulatory changes. That's not to dismiss the potential impact of these wow-inducing developments, but to place them in context. The bulk of the industry's overall challenges and related consulting needs still relate to the industry's fundamental economics and nature.