The automotive industry is currently the leading industry sector for driving future M&A transactions, according to EY's latest Capital Confidence Barometer. The survey reflects unprecedented levels of optimism in the sector, as stronger balance sheets and continued debt financing opportunities encourage automotive companies to launch new transactions. Automotive World spoke with Mark Short, EY's Global Automotive and Transportation Industry leader for Transaction and Advisory Services, on the key takeaways from the latest report and the indications for future industry activity.
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