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31 Mar 2022  |  Latin America  |  Market Outlook
LATAM Light Vehicle Growth Opportunities, 2021
Geopolitical Chaos due to the COVID-19 Pandemic Directly Impacted Light Vehicle (LV) Sales
In 2020, there was a 26.8% drop in total LATAM passenger vehicle sales, equivalent to a reduction of 1.5 million units. The Brazilian market was responsible for the largest drop in units, reaching 710,000 units less than 2019, followed by Mexico’s 368,000 unit drop. The automakers had different strategies for this period, from closing plants to dev...
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26 Apr 2023  |  Latin America  |  Market Outlook
LATAM Automotive Growth Outlook 2023
Future Growth Potential of the Automotive Industry in 2023 after Recovery During 2022
The Latin American automotive industry continues to grow, despite COVID-19, scarcity of resources and auto parts, the Russo-Ukrainian War, inflation, and exchange rates affecting vehicles’ availability and prices. With 4.4 million units sold and a slow recovery from the pandemic, Latin American automotive expanded by 2.7% in 2022. Ecuador showed...
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18 Jul 2022  |  Latin America  |  Market Research
Strategic Overview of the Start-ups Disrupting Mobility, LATAM, 2022
Transformative Mega Trends and Mobility Start-Ups Disrupt the Status Quo and Drive Future Growth Potential
Connected, autonomous, shared, and electric mobility in Latin America are in varying growth stages. Connected and shared mobility segments are growing, while electric and autonomous mobility segments remain nascent. Local mobility companies continue to expand, although foreign companies hold the majority market share in some segments, such as ride-...
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24 Sep 2020  |  South Asia, Middle East & North Africa  |  Market Research
Digitalization Powering Innovative Mobility Solutions in India
Tech-savvy Millennials Creating New Growth Opportunities for Shared, Connected, and Electric Solutions
This Growth Opportunity study seeks to analyze the various trends shaping the Indian automotive space and how that is giving rise to innovative transport models, transforming the way people commute. Some of these transformations can be largely attributed to the Government of India (GOI)s thrust to more sustainable solutions in the country. The GOIs...
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18 May 2018  |  Asia Pacific  |  Market Research
Alibaba in the Automotive Market in China, 2017–2025
Cloud Computing and Ecosystem Leading a New Retail Concept Featuring Digital Entertainment
Alibaba is leading a new wave in the automotive market in China. It is enhancing its supply chain to a higher and concentrated vertical level, by interconnecting leading automotive original equipment manufacturers (OEMs), small and medium enterprises (SMEs), distributors, retailers, and consumers from offline presence to online involvement. More t...
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15 Nov 2022  |  Global  |  Market Research
Strategic Analysis of Nontraditional Players in Automotive
Emerging Competitors Identify Future Growth Potential by Establishing Themselves as End-to-end Electric Vehicle Solution Providers through an Ecosystem-based Approach
The automotive industry is undergoing a transformation as CASE technologies increasingly influence its future and diverging markets open opportunities for new players along the value chain. A shift in mindset from automotive to mobility is certainly forcing traditional car manufacturers to compete with new entrants on multiple fronts. Mobility pro...
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24 Feb 2020  |  Latin America  |  Market Outlook
Latin American Passenger Vehicle (PV) Market Outlook, 2020
The Regional Market is Expected to Grow by 5.5% in 2020, Reaching 6.1 Million Units
In 2019, the Latin American economies faced several challenges, including generalized social unrest, economic crises in some countries, and political instability, all of which had a certain impact on local light vehicle (LV) markets. From 6.1 million units commercialized in 2018, the market fell by 5.0% to merely 5.8 million units in 2019, far from...
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14 Jun 2021  |  Global  |  Market Research
China Belt and Road Initiative Growth Opportunities
CBRI to Ensure the Construction of Record-breaking Rail Routes, the Transformational Growth of Smart Cities, Smart Ports, Smart Highways, IoT and Cloud-enabled Smart Logistics Services, and the Proliferation of Mega Trucks and Mega Ships
In 2013, China initiated the China Belt and Road Initiative (CBRI) to connect Asia, Europe, and Africa through a series of land and sea routes which would ensure greater connectivity and promote commerce between China and the rest of the world. China has aggressively promoted this endeavor that seeks to reestablish a series of trade routes similar ...
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22 Apr 2019  |  Latin America  |  Market Research
Customer-centric Automotive Retail Strategies and Innovations Along the Customer Journey in Brazil, 2018–2023
Omnichannel Presence, with a Profitable Mix of New Retail Formats, which Leverages Digital Solutions is Expected to be Central to a Successful Customer Retail Strategy
The automotive retail market in Brazil is at the helm of change and is currently being disrupted by a number of transformative shifts, such as newer dealership formats (pop-up stores, experience outlets, online vehicle commerce, virtual live stores), and omnichannel (online-to-offline customer journeys, digital technologies, newer vehicle financin...
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30 Dec 2022  |  Global  |  Market Research
Growth Opportunities for the Global Microcars Market
Growing Urbanization Needs are Fueling Transformative Growth in the Micromobility Space through Innovative Product Solutions such as Microcars
The increasing urbanization and traffic congestion in major cities opens new opportunities for micromobility transportation. One such type of vehicle model is a microcar, a 4-wheeled passenger vehicle with a restricted speed limit and engine power. Usually, microcars can transport 4 people within city limits and can be used as cargo delivery vehicl...
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