Automotive Industry and Future of Mobility Trends | Deloitte US has been saved
By Steve Jensen, Audit & Assurance Partner, Deloitte & Touche LLP
Think the auto industry moves slower than the tech sector? Deloitte’s new 2025 Global Automotive Consumer Study may surprise you. Capturing the opinions and behaviors of 31,000 consumers in 30 countries, this year’s study shows just how fast and furiously the global automotive sector is transforming.
The comprehensive report provides insights into rapidly changing automotive industry trends such as electric vehicle (EV) sales momentum, mobility as a service, autonomous vehicles, brand loyalty, and sustainability initiatives. Here’s a preview of some of the major themes and insights.
The momentum for all-battery EV sales has waned, but the desire for zero-emission transportation still appears to be intact. High prices, range anxiety, and charging issues continue to dampen EV demand. As a result, many consumers are turning to hybrids and range extenders to reduce fuel costs and emissions without depending heavily on charging infrastructure.
Younger consumers (ages 18–34) are showing interest in MaaS solutions over traditional vehicle ownership. This trend is prominent in markets like India, Southeast Asia, China, and the United States, with a higher frequency of daily vehicle use. Automotive companies should adapt to this shift by offering flexible mobility solutions.
Survey respondents view the integration of artificial intelligence (AI) into vehicle systems as beneficial, especially in Asia-Pacific markets. While autonomous vehicles are gaining attention, safety concerns remain a significant barrier for consumers in markets like India, the United Kingdom, and the United States. The regulatory environment governing autonomous technology is evolving, which may accelerate the deployment of self-driving vehicle fleets.
Brand loyalty has come under increasing pressure lately. In our study, consumers indicated a willingness to switch brands when purchasing their next vehicle to gain improvements in price, product quality, or performance. This trend is particularly noticeable in developing markets such as China with a significant number of first-time buyers. To retain market share, automotive companies should focus on building strong customer relationships.
Sustainability factors are increasingly important in shaping the automotive industry and future of mobility. As consumers and regulators demand greater accountability and sustainability, automotive companies should work to meet these rising expectations.
How might this be possible? By integrating sustainability principles into their operations and business strategies. Sustainability services geared specifically toward the automotive sector can allow these companies to navigate the complexities of the evolving mobility landscape.
When evaluating sustainability services, it’s important to choose a provider with extensive experience and industry leadership providing sustainability services to automotive companies. A top-tier sustainability services adviser can recommend ways for the company to drive value and efficiencies in several areas, including:
Working with Deloitte's Automotive Audit & Assurance sustainability team can allow your company to leverage the future of mobility trends outlined in Deloitte’s 2025 Global Automotive Consumer Study. Our tailored sustainability services can advise on ways you can drive value and efficiency, potentially positioning you for long-term success in a rapidly evolving market. Visit our A&A Consumer Services page or contact us directly for more information.
The services described herein are illustrative in nature and are intended to demonstrate our experience and capabilities in these areas; however, due to independence restrictions that may apply to audit clients (including affiliates) of Deloitte & Touche LLP, we may be unable to provide certain services based on individual facts and circumstances.
This publication contains general information only and Deloitte is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services, nor should it be used as a basis for any decision or action that may affect your business. Before making any decision or taking any action that may affect your business, you should consult a qualified professional advisor. Deloitte shall not be responsible for any loss sustained by any person who relies on this publication.
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Steve is an Audit & Assurance partner for Deloitte & Touche LLP who serves as the US Audit & Assurance Automotive industry Leader and the Deputy National Industry Sector Leader for Automotive. During his more than 30 year career, he has served large, multinational public companies and middle-market growth companies, including Private Equity Investment ('PEI') portfolio companies, predominately in the automotive and manufacturing industries. In addition to his client service background, Steve served in Deloitte’s National Office for five years assisting clients with SEC reporting and technical accounting matters. Before serving in the firm’s National Office, he completed a two year assignment as a professional accounting fellow at the U.S. Securities & Exchange Commission.