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30 Jun 2022  |  Global  |  Market Outlook
Global Automotive Outlook, 2022
Automotive OEMs Prioritizing Supply Chain Recalibration, Digital Transformation, and Sustainability to Accelerate Growth
Rebounding from the pandemic-related disruptions of 2020, the global automotive industry registered a healthy 5.3% increase in sales, with 81 million in unit sales in 2021. Toyota led global OEM sales, recording a growth rate of 13.9%, selling 9.9 million units. Despite the positive recovery trends in the global economy and vehicle sales, the Ru...
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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 d...
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27 Mar 2019  |  Asia Pacific  |  Market Outlook
ASEAN Automotive Outlook, 2019
Driven by Growing Domestic Consumption and Private Investments, TIV in Big 3 ASEAN Markets Expected to Cross 2.9 Million Units in 2019
This research service discusses in detail the Automotive Outlook in ASEAN during 2018 and presents the expected trends for 2019. The study provides an analysis of the automotive outlook in the region with a focus on the three key markets in ASEAN—Thailand, Malaysia, and Indonesia. It also touches upon the trends in other ASEAN countries with smal...
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25 Mar 2019  |  North America  |  Market Outlook
Global Automotive Industry Outlook, 2019
Connected, Shared, Electric and Autonomous Technologies to Dominate Industry Innovation in 2019
The automotive industry has evolved significantly over the past decade. Digital technology, change in customer sentiment and economic health have played a vital role in this evolution. OEMs and other key industry players are taking note of this evolution and investing heavily in non-commercial business practices of manufacturing vehicles. Alternati...
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