global automotive industry 2018

Effects on the automotive value chain. It is important for stakeholders in the automotive industry to be aware of the dynamically evolving trends and ways in which they can be monetized. So, is it all doom-and-gloom for the auto sector? The automotive industry has seen continuation of growth on a global scale throughout 2017. The response to Covid-19 has proven that millions of people have been able to totally rethink their commute but where does that leave cars? Growth Partnership Service identifies growth opportunities around your market, mitigates risk through in-depth research analysis, provides a global market perspective, and optimizes growth development strategies. Elsewhere, the other BRICs markets are either on the path to recovery (Brazil, Russia) or on course for new highs (India). Global Automotive Industry Outlook, 2018 Updated Research Available. This study provides a snapshot of the key happenings in the automotive industry in 2017 and a strategic outlook for 2018. Global Automotive Industry Outlook, 2018 Updated Research Available. Digitization and connectivity are generating large volumes of usage data, which will enable new revenue streams such as data monetization in the automotive industry. It must be said though that the reason global sales are slowing is not just down to China: a number of markets have failed to live up to expectations this year. Many carmakers felt the effects of trade tensions between the world’s biggest economies, political changes in key markets, and new threats to the status quo of the industry. … The automotive landscape is rapidly changing every year. After eight consecutive years of Global Light Vehicle sales growth — starting in 2010, as recovery began post-Great Recession — it is becoming clearer that 2018 will not match the record 2017 result. This may have led to some initial delay to purchasing. Global automotive market report - Q3 2018. Global car and light commercial vehicle sales in 2018 contracted by 0.5% to 86 million vehicles. A number of clients have asked us what impact we would expect the US presidential election to have on Light Vehicle sales. … Talk to an analyst today to know more by signing up for a complimentary Growth Strategy Dialogue, an interactive conversation with an analyst regarding growth opportunities in your market. And with clarity from the government regarding tax cuts and the new emission legislation, the hold-off on purchasing should also unwind. The automotive industries in the main global regions showed significant variations in performance in 2018, with growth coming to a halt in Europe and North America, and China experiencing a slowdown in vehicle production and sales. SUVs accounted for more than a third of all new cars sold worldwide in 2018. Even as EVs power their way ahead with record sales, the supporting infrastructure of the charging stations is not keeping pace. This trend is expected to exacerbate throughout 2020 due to the coronavirus pandemic. In Eastern Europe, Turkey’s sales have deteriorated sharply after a dramatic plunge in the lira and subsequent interest rate hike. Vehicle Sales to Inch Closer to 100 Million Units as Data Monetization Takes Centerstage. Font size Email Print. It is important for stakeholders in the automotive industry to be aware of the dynamically evolving trends and ways in which they can be monetized. Although this is disappointing news, it must be remembered that the strong run seen for much of this decade has transformed the market from 64 mn units in 2009 to circa 95 mn units today. The objective of the Growth Model is to identify your company’s Growth Zone and help you capture the most attractive opportunities. RELEASE DATE 22-Mar-2018. KPMG’s Global Automotive Executive Survey 2018 5 2014 “The automotive industry will have to adapt to and shape the converging world of personalized mobility and the internet of everything.” 2016 “Mobile connectivity, the value of customer data and self-driving cars are the next big thing.” 2017 “Say goodbye to a complete auto-

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