the size of automotive deals in 2019 remained flat at about 269 million when compared to 2018 pwc said new delhi merger and acquisition activities in the global automotive sector declined by 19 per cent to 775 billion in 2019 a recent pricewaterhousecoopers pwc report saidescalating trade tensions and global economic slowdown has affected mergers and acquisitions around the world as a result of which total deal volume in auto sector dropped 18 per cent to 867 deals last year compared to 2018 pwc said sourcepwc however deal value in q4 2019 was the highest in this decade as the quarter saw eight deals in excess of 1 billion including fiat chrysler and peugeots announced megamerger for 301 billion according to the report deal volume also recovered in q4 2019 and increased by 17 per cent to 244 deals when compared with 208 deals in q3 2019 advt technology and supplier consolidation drove ma activity in the latter half of the decade and will continue to push activity as we move forward in the 2020s paul elie industrial products deal leader at pwc said in the releaseelie added that the start of this decade will also see a shift in deals as vehicle manufacturers and suppliers team up to share costs and push their technological bets into the marketbesides fiat chrysler and peugeot merger zf friedrichshafens purchase of wabco was the second deal in terms of value in 2019 source pwcthe size of automotive deals last year remained flat at about 269 million when compared to 2018 pwc said excluding megadeals the auditing firm added average deal value in 2019 decreased 10 per cent to 1397 million from 1555 millionthe middle of the decade created momentum to the recovery and the latter half accelerated growth and excitement as new technologies and market entrants brought radical changes to how consumers view mobility solutions pwc said in the release but now we face some new uncertainties as lower vehiclesales projections and trade tensions create roadblocks to maneuver the report addedon the outlook the report said coupled with sales projections that anticipate a weaker start to the decade deal makers may look to take a back seat as brexit and the us presidential election play out only to hit the gas once the dust settles etauto published on jan 25 2020 at 0922 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app global auto ma global auto deal volume pricewaterhousecoopers zf friedrichshafen fcapsa merger homenewsindustryeconomic uncertainty