5 Easy Facts About automotive research Described
5 Easy Facts About automotive research Described
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The implications of this demographic shift will certainly redefine the industry’s approach to product or service development and marketing methods.
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In July 2024, we spoke with 500 independent automotive fix stores with regards to their order frequency and use of private label brands in addition to the explanation why they use non-public …
The l. a. Car display is among the largest automotive occasions during the U.S., with flooring Area of over a million square toes. Countless the most up-to-date gasoline, hybrid and EV designs are envisioned for being on Exhibit as in prior decades. The display also offers car or truck test drives.
Concentrate on introducing new capabilities and constructing new enterprise versions to support the mainstreaming of EVs, which is progressing little by little, but Even so progressing.
Most conventional OEMs have struggled to keep up competitiveness with Chinese OEMs, and Chinese OEMs are aggressively competing in marketplaces outside of China — at a substantially decrease Value, generally more than 25% lower than their standard OEM counterparts.1
In August 2021, IMR interviewed 500 unbiased automotive maintenance stores, nationally consultant by area within the U.S., to obtain insights on regardless of whether offer chain disruptions ended up influencing their business enterprise and …
Concurrently, it’s clever to arrange for potential policy shifts — like new tariffs or eased emissions specifications — by managing circumstance setting up. Evaluate how changes may disrupt your provide chain, fees and operations, and take into consideration adjustments which can help handle dangers whilst uncovering new options for development.
Vehicle electrification rates, trade-pushed sourcing shifts and The expansion of China-centered car or truck manufacturers will alter the complexion of your industry for numerous yrs – analyzing winners and losers."
People nowadays use their automobiles as all-goal automobiles, whether they are commuting by itself to operate or getting The entire spouse and children to your Seashore. Later on, they may want the pliability to select the greatest Answer for a specific reason, on desire and by way of their smartphones. We previously see early symptoms that the necessity of private-car or truck ownership is declining: in The us, such as, the share of teenagers (16 to 24 years) who maintain a driver’s license dropped from seventy six per cent in 2000 to seventy one per cent in 2013, even though There's been more than 30 p.c once-a-year expansion in auto-sharing associates in North America and Germany over the last 5 years.
The 2025 CTI Symposium aims to offer a System for industry gurus to learn about emerging automotive powertrain technologies. Concentrate locations for this yr’s occasion consist of electric and hybrid powertrains, energy electronics and battery methods.
Whilst electric vehicles (EVs) may face a temporary advancement level slowdown, They are really projected to surpass interior combustion motor (ICE) autos by 2036, the identical yr We're going to see Peak ICE. This change will mark a major turning level within the automotive industry, driven by advancements in battery technological know-how, such more info as the shift to new chemistries like solid-point out batteries, cutting down battery charges beneath $eighty for each kWh, and escalating battery lifestyle cycles. On top of that, rising environmental consciousness will further propel this transformation.
Get started your engines and drive your choice-generating on your destination with observations and insights from our international automotive industry authorities that you can buy’s technology, manufacturing, solution approaches, profits, and marketing.
Shoppers keep on to convey pieces to repair shops they’ve bought at merchants or on the internet sources. Although retailers field these requests, some shops tend to be more open up to setting up these sections than …