Autotech & Mobility Report 2H2026
Our newly launched Automotive M&A Market Report 2H2026 shows early signs of stabilisation after several years of declining deal volumes and valuations. Transaction activity edged up in 1H2026 and earnings multiples began to firm, suggesting that market conditions may be starting to stabilise. However, it remains too early to call a sustained recovery.
At the same time, the development is far from even across the sector and increasingly reflects evolving buyer priorities. While scale and production capacity remain important, acquirers are placing greater emphasis on technologies and capabilities supporting the next generation of vehicles. Software, engineering expertise, ADAS, semiconductors, simulation and connected data capabilities are gaining strategic relevance as OEMs and suppliers continue to adapt to electric and software-defined vehicle architectures.
Technology-driven areas have seen deal activity pick up, while the traditional component and supplier base – still the largest segment by deal count – remains under significant pressure. Much of the consolidation in this part of the market is focused on scale, efficiency and margin protection rather than growth. Overcapacity, increasing competition from China and the ongoing transition towards electric and software-defined vehicles continue to shape transaction activity across the sector.
The report analyses M&A activity across six Automotive subsectors:
- Vehicle Engineering, Platforms & Turnkey Solutions
- Software-, Data- & AI-defined Vehicle
- ADAS, Semiconductors & Vehicle Compute
- Battery, EV Systems & Power Electronics
- Manufacturing, Connected Lifecycle & Circular Economy
- Automotive Component & System Suppliers (Tier 1–N)
Key topics addressed in the report include:
- Trends and analysis of M&A activity
- Transaction activity by geography and subsector
- Most active acquirers and selected deal highlights
- Valuation trends and key M&A drivers
- The growing role of engineering expertise, AI and technology in Automotive M&A
Selected Buyers of Highlight Transactions
The above graph covers the period between January 2021 and June 2026. Throughout this M&A report, median “trailing 30-month” multiples plotted in the graphs refer to the 30-month period prior to and including the half year.
Download our latest Autotech & Mobility report now
To read more about current M&A activity in the Autotech & Mobility sector, download the latest report below.