With new vehicle inventories stabilizing and pent-up demand fading, the automotive industry could return to standard in 2024 mainly because it emerges from the tumultuous, pandemic-induced haze. But that doesn’t mean It'll be a tranquil 12 months.
We asked unbiased automotive repair service stores who they understand to become their largest competitors. Their sights in their best competition are certainly per channel share metrics tracked by IMR. …
As it had been with domestic automobiles, unbiased fix shops make the WD their 1st preference whenever they are looking to obtain transmission rebuild kits for Asian automobiles. In keeping with IMR …
At the start of 2023 IMR surveyed unbiased automotive repair service stores to acquire insight into what they believe that their biggest worries might be in 2023. Presented the shifting marketplace dynamics …
Automotive OEMs and suppliers are already lucrative but have struggled to deliver financial revenue over the past five a long time
Most classic OEMs have struggled to maintain competitiveness with Chinese OEMs, and Chinese OEMs are aggressively competing in marketplaces outside of China — at a noticeably reduced Charge, frequently a lot more than twenty five% lower than their standard OEM counterparts.one
Rivian rolls out arms-absolutely free driving via computer software update The automaker says that the cameras it developed for its Increased Freeway Assist aspect offer you the highest resolution “of any car or truck in North The united states.”
AEB tech has led to fewer rear-conclude crashes: review Data collected by means of collaborative research carried out because get more info of the NHTSA and several other significant automakers will likely be accustomed to progress motor vehicle basic safety devices.
The automotive sector is at an inflection stage. Important new market place trends loom within the horizon: for one thing, the industry’s potential is Plainly electric powered, Even with some recent regional profits dips.
This research aims to make the upcoming variations a lot more tangible. The forecasts should Consequently be interpreted as being a projection of quite possibly the most probable assumptions throughout all four traits, depending on our current comprehension.
The process of Placing a fresh car available is now mainly standardized. If a totally new product is contemplated, step one is usually a here market place study. Due to the fact there may be an interval of 5 years amongst this survey and the looks of the new motor vehicle within the sellers’ showrooms, There exists a definite factor of hazard, as illustrated through the Ford Motor Enterprise’s Edsel in the late fifties.
A greater part of the two DIYers and DIFM prospects cited failure as the primary cause they wanted service or repair service for a temperature Manage situation In keeping with IMR’s Continuing Consumer Automotive …
The sort of metropolis will So turn into The important thing indicator for mobility habits, replacing the standard regional perspective about the mobility market. By 2030, the car sector in Ny will probable have a lot more in prevalent with the market in Shanghai than with that of Kansas.
The Center for Automotive Research (Vehicle) is involved with the research of important problems that relate to the long run direction of the global mobility industry. Automobile’s mission is to generate independent research, convene stakeholders, and examine significant issues going through the mobility industry and its influence on the financial state and society.