KPMG – Industrial Manufacturing and Automotive CEO Outlook, 2024

KPMG's 2024 CEO Outlook for the Industrial Manufacturing and Automotive sectors reveals that 74% of CEOs are optimistic about global economic growth. The report highlights that over 70% of CEOs in these sectors believe generative AI will not reduce the number of jobs but will necessitate upskilling and redeployment of existing resources. Additionally, 95% of CEOs anticipate a full return to office within three years. The primary concern for automotive CEOs is the retirement of employees coupled with a lack of skilled workers to replace them, while industrial manufacturing CEOs are focused on knowledge transfer between employees. Regarding environmental goals, 74% of industrial manufacturing CEOs view the complexity of decarbonizing the supply chain as the greatest barrier to achieving net-zero emissions, a concern shared by 38% of automotive CEOs.