Albert Waas

Sep 3, 2024 | bcg.com | Albert Waas |Alex Brenner

Although the €64 billion European aftermarket auto parts business is profitable and growing, it is facing a series of challenges—some the result of big global shifts, others linked to short-term economic volatility—that will transform the industry in the coming years, threatening revenue and profits.

Aug 20, 2024 | bcg.com | Albert Waas

Is the European market for premium+ and luxury electric vehicles about to take another turn? The premium (MSRPs of €50,000 to €80,000) and premium+ and luxury segments (€80,000 and up) drove the growth of battery electric vehicle (BEV) sales in Europe from 2019 through 2022. But premium+ and luxury growth backed off from 22% in 2022 to 19% in 2023, contributing to an overall BEV slowdown, which has continued in 2024 so far.

Dec 5, 2023 | bcg.com | Veronika Haas |Albert Waas |Andreas Vargas Jentzsch

As the fully electric vehicle (EV) continues to make inroads with consumers, heading towards a projected 40% of global car sales by 2030, securing sufficient battery materials—especially for the cathode of Lithium-Ion (Li-Ion) batteries—is taking on increased urgency.

Aug 28, 2023 | bcg.com | Albert Waas |Philipp Sadek

The European automotive industry has been a force in the continent’s economy for decades. It directly accounts for four million jobs and 3% of Europe’s GDP. The industry is also the poster child of Europe’s industrial success, with four out of the top ten global automakers by revenue coming out of Europe: Volkswagen, Mercedes-Benz, Stellantis, and BMW. However, the traditional sources of the auto industry’s consistently impressive track record are seriously threatened.

Apr 11, 2023 | bcg.com | Albert Waas |Aakash Arora