Market indicators 0.4%–0.5% Annual GDP incremental increase with the $20 decline in oil prices Bridging the gap — 46% Share of US and China in 2014 light what can the C-suite do? vehicle sales globally • Stress the need for fl exibility to navigate through 50% emerging markets, cost and political volatility. • Achieve an optimum capacity-demand balance at a Depreciation of Russian ruble against the US dollar during Jan-Dec 2014 regional level as a natural hedge to exchange rate volatility. 30% • Focus on agility to capitalize on the upside potential of North America and China, and availability of Expected increase in car prices corporate credit. in India after implementation of mandatory safety features 19% Standard deviation in iron ore price volatility during 2014, as compared to 11% in 2013 Sources: LMC Automotive, Global Light Vehicles 2014 review; Oanda.com, Historical exchange rates; Oxford Economics; Metal Bulletin, via Thomson Datastream; LMC Automotive, Global Car and Truck Forecast, 4Q14; EY analysis. Changing lanes 2015-16 | The automotive C-suite’s agenda | 5