The global automotive industry experienced a 76% drop in company filings mentions of future of work in Q2 2024 compared with the previous quarter, with the highest share accounted for by Ford Motor with 200% year-on-year increase, according to GlobalData’s analysis of over 100 automotive company filings. GlobalData’s Automotive: Filings Trends & Signals Q2 2024 report delves into earnings call transcripts and quarterly reports within the automotive industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
Notably, future of work was one of the most frequently referenced themes in Q2 2024, ranking highest in terms of mentions, ahead of metaverse and industrial automation, according to GlobalData.
Of the top leading companies in the automotive industry, Ford Motor had the greatest increase in references for future of work in Q2 2024, compared with the previous quarter. GlobalData identified nine future of work-related sentences in the company's filings - 0.2% of all sentences - and an increase of 200% in Q2 2024 compared with Q2 2023. Aptiv’s mentions of future of work rose by 250% to 7 and CarMax’s by 200% to 6 and Hotai Motor’s by 20% to 4 and Stellantis’s by 83% to 4.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for future of work in Q2 2024 was 98.
For further understanding of GlobalData's Automotive: Filings Trends & Signals Q2 2024, buy the report here.
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