Search results for: 'cars analysi'

Global economies are in the phase of easing restrictions and accepting the new normal. European leasing and rental companies are embracing the new challenges set forth. The connected car is a ground-breaking trend in the automotive industry, and many automobile manufacturers are offering telematics as standard services in vehicles rolled out from f...

After facing a challenging period in 2020, with isolation measures and economic difficulties due to the COVID-19 pandemic, Europe has started getting back to normal. However, although vaccination rates have advanced, some markets are still in crisis. The automotive market, for example, has not recovered to usual levels of new car sales. Global micr...

This research service analyzes the opportunities in the car sharing market in China. The study examines the current market structure and business models, factors driving and restraining market growth, and the various trials and developments. It compares car sharing memberships and vehicle numbers, as well as overall motorization rates, with selecte...

Indonesia, Malaysia, and Thailand Car Parc Database is an excel based study which presents trends in the total car parc in the 3 countries for 2010-2022. With several factors supporting automotive industry growth, ASEAN has emerged as one of the largest car markets globally. This study indicates that ASEAN car parc is expected to see a positive gro...

26 Oct 2021  |  North America  |  Market Research

North American Used Car Growth Opportunities

Lack of New Cars for Sale and Demand for Digital and Contactless Services Influence Growth Strategies

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The COVID-19 pandemic and global shortages of microchips have had a huge negative impact on the North American used car market (the United States and Canada). Factories and dealerships remained closed during lockdowns, which stalled car production and sales. After they reopened, the lack of microchips interrupted car production once more. Although ...

Indonesia has the largest auto leasing market and car rental market in South East Asia. However, the market remains very fragmented and the top 8 players account for a little over one-fourth of the market. The remaining market comprises of organized players including financial institutions with licensed business as well as thousands of small local ...

The automotive industry, already reeling under a challenging 2019, has been dealt a further blow by Coronavirus (COVID-19) , since the demand for durable goods such as new passenger cars, light commercial vehicles (LCVs), and allied mobility activities will halt for the time being and later due to a change in purchasing priority. Amidst this socio-...

Since the COVID-19 pandemic started, the used car market has boomed, and online transactional companies (OTCs) have gained traction. Among them, Kavak has stood out in Latin America with its owned certified vehicles. Created in 2016 in Mexico, the company became the 1st unicorn from the country. Currently, it has operations in Latin America and the...

This study of marketplace operations inside cars is an introduction of a new business model that places merchants and their products such as fuel, quick service restaurants (QSR), parking, toll payment, ticketing and their services such as reserving, ordering, picking-up and paying from the vehicle head unit or aided by virtual assistants into the ...