Around Memorial Day weekend, one of the busiest times for automobile travel in the U.S., the Equity Research team of S&P Global Market Intelligence took a look at the Future of the Car, from the perspectives of multiple sectors and industries.
The analysts authored five separate reports, addressing:
- How automotive manufacturers Ford and General Motors, as well as Tesla, are embracing and investing in “electrification”
- Implications for the electronic equipment supply chain, given an increasingly connected car, highlighting some lesser known/understood companies like Mobileye and TE Connectivity
- Next-generation “infotainment,” with a focus on digital audio services such as those provided by Pandora and Sirius XM Radio
- Self-driving vehicles and ride-hailing apps, and how offerings from Alphabet (Google), China’s Baidu, Apple, and Uber could add to an already large addressable market
- Thoughts on auto insurance given the prospect for more autonomous/semi-autonomous cars, from the perspective of firms like Allstate and Progressive.
This series grew out of the group’s D.I.G. (Differentiated Idea Generation) initiative launched late last year. These innovative reports showcase analyst expertise in identifying and assessing fundamental observations, trends and themes on a GICS sector/industry/sub-industry level.
The commentaries generally start with a focus on data and analytics, often from S&P Global Market Intelligence, and highlight observations and value-added insights that may shed light on market misperceptions, identify new opportunities or risk factors, or offer contrarian views, for example.