Bank of America: Automobile manufacturers must rely on their internal combustion engine product lines to maintain cash flow in order to cope with the turbulent period in the next four years.

A report from Bank of America Merrill Lynch points out that the global automotive industry is facing a dual pressure from powertrain systems and policies, forcing companies to refocus their strategic priorities on the traditional internal combustion engine sector. The bank believes that the key factors determining the survival of car companies in the next four years are the speed of new car replacement, the competitiveness of sales channels, and market share. Bank of America warns that car companies must rely on their internal combustion engine product lines to maintain cash flow in order to cope with the intense fluctuations expected in the next four years.