After years of consistent growth, the connected vehicle industry will face a 15% decline in shipments and flat revenues in 2020, according to a recent report from ABI Research, a global tech market advisory firm. However, both embedded and aftermarket segments will see accelerated growth in 2021, and sales should return to trend in early… Continue reading Connected Car Market Expected to Slow in 2020
Tag: Trends
Study: Pandemic Spurs New Ways to Buy and Sell Cars Digitally
Cars.com, a digital automotive marketplace and solutions provider, has shared its latest data identifying six trends for the second half of 2020. The pandemic has served as an accelerant for automotive, igniting the rapid digital transformation of the industry, the company says. Cars.com believes the digital shift will advance the industry and change car buying… Continue reading Study: Pandemic Spurs New Ways to Buy and Sell Cars Digitally
Key Performance Indicators Report — July 2020
A comprehensive source for industry insights, exclusive interviews, new and used vehicle data, manufacturing summaries, economic analysis, consumer reporting, relevant global affairs and more…
KPI — July: The Brief
Despite some upward trends, there is still division between those who expect a quick recovery and those who believe the U.S. is on the path to a depression…
KPI — July: State of Business — Automotive Industry
The aftermarket remains hopeful that the recession hit its lowest point in mid-April…
KPI — July: New and Used Vehicle Sales
While the worst may already be past, the vehicle market isn’t expected to change much during the next quarter…
KPI — July: Recent Vehicle Recalls
A roundup of recent manufacturer safety recalls…
KPI — July: State of the Economy
Getting COVID-19 under control could ease unemployment and help consumers regain confidence…
KPI — July: State of the Manufacturing Sector
The manufacturing sector saw a second consecutive month of growth in June…
KPI — July: Consumer Trends
Widespread resurgence of COVID-19 has reversed the positive trend in consumer sentiment…
Survey Finds Many Neglecting Car Maintenance
As many Americans find themselves driving less due to the COVID-19 pandemic, research from Hankook Tire reveals that they are also neglecting vehicle maintenance and systems checks. Nearly half (48 percent) of Americans have delayed or canceled a vehicle maintenance appointment, according to the latest Hankook Tire Gauge Index. And, even more did not perform… Continue reading Survey Finds Many Neglecting Car Maintenance
Auburn University Building New Autonomous Vehicle Research Facility
For researchers in Auburn University’s GPS and Vehicle Dynamics Laboratory, prepping autonomous vehicles outside in Alabama’s elements — from the sweltering summer sun to pop-up thunderstorms — has become a near daily occurrence. Whether researchers are debugging algorithms, installing sensors or running data analyses, much of the work from the GPS and Vehicle Dynamics Laboratory,… Continue reading Auburn University Building New Autonomous Vehicle Research Facility
How to Get New Customers Using Automotive Video Marketing
If you think YouTube and Instagram are just for 20-something beauty bloggers and influencers, think again. Over 40% of auto shoppers use video to narrow down their options and ultimately choose what they purchase. With the right automotive video marketing tactics behind you, you can capture a new audience, show off what’s great about your… Continue reading How to Get New Customers Using Automotive Video Marketing
Webinar to Examine Customer Experience During Pandemic
A webinar from eMarketer will examine the state of customer experiences in 2020 and how the COVID-19 pandemic has changed them, the marketing research firm announced. Scheduled for July 16 at 2 p.m. ET, the webinar will cover how marketers have created consistent experiences across channels, as well as new approaches to customer experience required… Continue reading Webinar to Examine Customer Experience During Pandemic
Universal Technical Institute Joins Economic Index
Universal Technical Institute, a provider of transportation technician training, announced its addition to the broad-market Russell 3000 Index. UTI’s inclusion occurred as part of the annual reconstitution by FTSE Russell of its U.S. equity indexes. “Our inclusion on the Russell 3000 index reflects the progress our team has made in implementing our growth and transformation… Continue reading Universal Technical Institute Joins Economic Index