17 Automotive Marketing Trends for 2023 1. Auto Sales Automotive sales for 2023 are projected to return to pre-pandemic levels – with growth forecast around 9%. Growth in the EV and Hybrid sector is predicted to grow 29% from 2022 to 2023. Although this is subject to change because of p...
2023, the year of transformationsAfter the rough COVID-19 years, 2022 has seen the start of economic improvements. Although the automotive industry is experiencing its worst sales numbers in over a decade, it saw increased profits thanks to strong demand, allowing for higher prices. Geopolitical ...
On the horizon for 2023 As leaders in the automotive import and export market – from parts to finished models – we have a close-up perspective on the automotive industry globally at DP World. Our end-to-end view of the world’s supply chains gives us a unique insight into industry tre...
Finally, it is important to track both brand equity and brand value. The market for cars is changing in all markets quickly – from model types to sales channel and more. Keeping an eye on what attributes are important and where your brand stands from a brand equity point of view is key...
4 major trends in the automotive industry 1. Vehicle age increases in the west while aftermarket is poised for growth in Asia According to IHS MARKIT, theaverage age of vehicles in the US reached an all-time high of 12.1years, a number that has been growing consistently. European vehicles ...
“Spotlight on mobility trends,” March 2024 “Winning in the European automotive industry: A micromarket approach,” February 2024 “The new automotive mandate: Moving from building products to building businesses,” May 2023 “Battery 2030: Resilient, sustainable, and circular,...
Automotive Industry Market Growth Registers 6.9% CAGR by Increased Demand, Size, Share, Top Players Revenue, Sales, Auto Parts, Regions, Trends, and Forecast 2024-2032 | Automotive Sector
Automotive Aftermarket Industry Trends Surging E-Commerce Influence Drives Expansion in the Industry The trend of e-commerce dominance refers to the increasing prevalence of online sales and the growing influence of digital platforms in the purchase of replacement parts, accessories, and automotive service...
The trends that took hold in 2023 are not just lingering – they’re evolving. Technological advancements and eCommerce continue to drive the market forward. 🎯 Automation and Supplier Collaboration Strong relationships with catalog providers and parts distributors are key to ensuring efficient operatio...
According to the new market research report “Automotive Semiconductors - Global Market Insights and Sales Trends 2024”, published by QYResearch, the China Automotive Semiconductors market size is projected to reach USD 13.71 billion by 2029, at a CAGR of 6.3% during the forecast period.China ...