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Electric vehicles are not a new idea, in fact they were available in the early 1900s. But their resurgence is now more popular than ever. With more options are arriving on the market this year and beyond, the way has been paved for higher demand.
Click sections below to explore current trends.
When the seventh-largest automotive parts distributor in the US managed its inventory more effectively, it reduced excess inventory at corporate stores by $6.1 million, identified $12.1 million in parts returns and placed orders for $7.1 million in parts based on knowledge of vehicles in their trade area.Learn more about our client’s successes
One of the United Kingdom’s premier auto retailers recognized the growing importance of its aftersales business and soon increased its number of sales leads by 45%, generated greater response to marketing (79% for Volkswagon, 166% for Audi), and dramatically improved its marketing return on investment.Learn more about our client’s successes
At its annual conference, this auto industry leader helped its global distributers share best practices and learn about the latest trends in sales, service and customer relationships – e.g., distributors in less mature auto markets learned about sophisticated models of business in established markets.Learn more about our client’s successes
This leading partner of the automobile industry identified market demands and supported product development for engines that reduce fuel emissions and increase fuel economy – enabling innovation by facilitating interdisciplinary research and allowing review/protection of solutions as intellectual property.Learn more about our client’s successes
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Skoda has unveiled the replacement for its successful Yeti SUV-C model, which will ensure the company remains well-positioned for the ongoing European compact SUV sales boom. IHS Markit Perspective: Significance: Skoda has launched its new Karoq SUV-C model which will replace the Yeti in its model line following a press event in Sw..more
New vehicle sales in Thailand continued to grow during April, mainly thanks to new model launches and the expiry of the five-year lock-up period for vehicles bought under the first-time car buyer scheme. IHS Markit Perspective: Significance: Thai new vehicle sales grew by 15.1% year on year (y/y) during April to 63,267 units, with passenger vehicl..more
Delphi has entered a BMW, Intel, and Mobileye co-operation for developing autonomous vehicle technology. The non-exclusive partnership is designed to speed up deployment of the technology across the industry through collaborative development. IHS Markit Perspective: Significance: Delphi has joined a non-exclusive partne..more