Deloitte Auto Poll: Product Safety & Recall Analytics

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Auto Industry Recall Readiness and Management Deloitte Poll Results from June 17, 2015

Transcript of Deloitte Auto Poll: Product Safety & Recall Analytics

Page 1: Deloitte Auto Poll: Product Safety & Recall Analytics

Auto Industry Recall Readiness and ManagementDeloitte Poll

Results from June 17, 2015

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2 Recall Readiness and Management in the Automotive Industry: Deloitte Poll Copyright © 2015 Deloitte Development LLC. All rights reserved.

More than 760 professionals from sectors including banking and securities; investment management; technology; automotive; retail and distribution; and, process and industrial products responded to polling questions during a June 17, 2015 webcast, titled “Recall Readiness and Management in the Automotive Industry.”

Just results from 78 auto sector respondents were analyzed for the slides that follow and related press release. Click here to listen to the Deloitte Dbriefs webcast.

Methodology

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3 Recall Readiness and Management in the Automotive Industry: Deloitte Poll Copyright © 2015 Deloitte Development LLC. All rights reserved.

Do you expect deal flow involving US companies to change for the second half of 2015, compared to the

first half of 2015?Votes Received: 2,307

To what extent do you believe the introduction of innovative products and new technologies increases the potential for product recalls in the future?Votes: 98

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4 Recall Readiness and Management in the Automotive Industry: Deloitte Poll Copyright © 2015 Deloitte Development LLC. All rights reserved.

What do you believe is the level of impact recalls have on the working relationships between suppliers and OEMs?Votes: 98

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5 Recall Readiness and Management in the Automotive Industry: Deloitte Poll Copyright © 2015 Deloitte Development LLC. All rights reserved.

Which is the biggest challenge to OEM-supplier collaboration in prevention, preparation and/or management of recall-related events?Votes: 98

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6 Recall Readiness and Management in the Automotive Industry: Deloitte Poll Copyright © 2015 Deloitte Development LLC. All rights reserved.

How would you describe your organization’s use of predictive analytics for product safety and recalls?Votes: 87

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Compared to 2014, how do you expect the rate of automotive recalls in 2015 and 2016 to change?Votes: 78

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About Deloitte’s Automotive practiceDeloitte’s automotive practice is recognized as a leader in understanding top trends and issues of the automotive industry. Deloitte has more than 220 automotive clients in the United States alone, representing some of the world’s largest manufacturers, suppliers, dealers, finance companies and aftermarket businesses. With more than 400 American automotive practitioners, Deloitte serves more than 80 percent Fortune 500 automotive companies. The polling summary report reflects our analysis of survey respondents’ responses and are not intended to reflect facts or opinions of any other entities.  All survey data and statistics presented pertain only to the participating organizations and their responses to the Deloitte poll. The statements in this report reflect our analysis of survey respondents’ responses and are not intended to reflect facts or opinions of any other entities.  All survey data, charts and statistics referenced and presented, as well as the representations made and opinions expressed, unless specifically described otherwise, pertain only to the participating organizations and their responses to the Deloitte survey.

This publication contains general information only and is based on the experience and research of Deloitte practitioners. 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, its affiliates, and related entities shall not be responsible for any loss sustained by any person who relies on this publication.

As used in this document, “Deloitte Advisory” means Deloitte & Touche LLP, Deloitte Financial Advisory Services LLP, and Deloitte Transactions and Business Analytics LLP and their respective subsidiaries. Deloitte Transactions and Business Analytics LLP is not a certified public accounting firm. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

Copyright © 2015 Deloitte Development LLC. All rights reserved.Member of Deloitte Touche Tohmatsu Limited

Shelley PfaendlerDeloitte Public [email protected]

Full press release available on Deloitte.com

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