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The human-machine interface (HMI) is a driving force of innovation for automakers and major tech companies. Frost & Sullivan expects automakers to integrate or mirror in their vehicles the mobile apps that consumers use daily. Premium brands sold in Europe already are offering navigation units as standard equipment in most higher-trim vehicles a...

The European lead-acid battery market for cars holds strong importance in the transport sector. These batteries remain the go-to choice for starting, lighting, and ignition (often called SLI) in vehicles with internal combustion engines, mild hybrids, and micro-hybrids that feature start-stop systems.Demand stays steady thanks to the huge number of...

Vehicle leasing solves several challenges associated with an organization's mobility needs, such as vehicle funding, fleet maintenance, and residual risk. To keep focus on their core products and services, businesses have to outsource support activities related to mobility, ranging from fleet purchasing to remarketing. Without an expert team on the...

Belgium’s economic growth will be supported by resilient private investment. High capacity utilization and favorable financial conditions will fuel strong private investment, although a weak labor market will affect private consumption in 2017 and 2018. Key logistics locations include Brussels, Antwerp, Liege, and Genk. In terms of the Logistics P...

Heavy duty (HD) commercial vehicles sales in Turkey are expected to decline over 2017–2022. The market is expected to record a CAGR of (0.6%) during this period and market recovery is projected 2020 onwards. In 2022, sales are projected to reach 15.3 thousand units. While Istanbul is a leader in terms of tractor sales, Ankara is the main market for...

03 Jul 2020  |  Europe  |  Market Research

Emerging Trends in the European Digital Used Passenger Vehicles Market, 2020

Focus on Start-ups and White Space Driving Valuations, as 2 Million Used Vehicles Set to be Traded Online

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Key Issues Addressed

As more and more digitally native customers look to purchase a vehicle, the competition and business models to sell used vehicles online increases. With social distancing norms changing ‘business as usual’, COVID-19 acts as an accelerator for more dealerships, OEMs, and traders to sell online. There are multiple online used vehicle retail models r...

The retail automobile market in Europe is undergoing a transformation in terms of the vehicle ownership model. The need of the current generation is moving toward mobility alone, and not ownership of the vehicle. This has opened up the market for several retail financing products, one of which is the private leasing contract. The benefits in a priv...

This research service presents a 360 Degree Perspective of the automotive aftermarket in Europe. This market is expected to exhibit a steady compound annual growth rate from 2013 to 2020, driven by rising vehicles in operation in Eastern Europe and the increasing average vehicle age in Western Europe. The market is expected to diversify with the en...

Online parts sales are expected to more than quadruple over the next 5 to 7 years as eRetailers refine their business models for delivering products to vehicle owners and service professionals in the automotive aftermarket. For now, tyre manufacturers are driving the migration to online sales channels as parts and service providers determine which ...