US Auto CEOs More Bullish On AI, Emerging Technology Investments Compared To Global Counterparts, Says KPMG Survey
In the KPMG study, 59 percent of the CEOs say their companies intend to invest heavily in AI in the next 12 months, compared to 39 percent of global CEOs.
Autonomous Vehicles Will Shrink Auto OEM Collision Repair Revenue By Nearly 50 Percent By 2030, KPMG Projects
KPMG projects that OEM collision repair revenue, which was $5.6 billion in 2015, could drop to $2.7 billion by 2030 and dwindle to $1.4 billion by 2040.
