Antitrust law may reshape vehicle sector

PwC and Strategy & 's new survey of vehicle industry experts sheds light on the expected impact of antitrust law enforcement on the automotive value chain in 2015 and beyond.

The latest guidelines on China's antitrust law, jointly issued by 10 government ministries in September, the renewed discussion on parallel imports in the China (Shanghai) Pilot Free Trade Zone in November, and the Automobile Dealers Association's letter on dealer inventories and original equipment manufacturers' controls in December - these will likely be the catalyst for significant change, according to the survey by PwC and Strategy & of more than 30 executives involved in the automotive sector.

The survey's findings point to important implications for revenue, compliance and the competitive environment across the entire vehicle value chain, including manufacturers, after-sales parts suppliers, dealerships, independent repair shops, and, of course, consumers.