To gain more insight about the consumer perspectives in this critical market, we conducted the McKinsey China Auto Consumer Insights 2023 survey. Six major insights emerged:Trading up continues to be popular, but some consumers are making more rational choices about their next car purchase. High-...
Hands off: Consumer perceptions of advanced driver assistance systems July 19, 2023- No one is saying the steering wheel will disappear, but new McKinsey research found a greater acceptance of autonomous-driving... McKinsey China Auto Consumer Insights 2023 ...
Consumer ReportA Time of ResilienceTrend 1The middle class continues to rise67Title of literature Annual household disposable income in China2020 real RMBSourceMGI Insights China macro modelof upper-middleMixedrates 3 to 4The economy will be impacted for 612 months or longer and will stagnate or ...
InMcKinsey on Strategy to Beat the Odds, partners from McKinsey channel the latest insights in behavioral economics to demystify the social side of strategy。 A strategy can be sound on paper, having the right models and theories supporting it, but if there is a disconnect between leadership and...
McKinsey China Auto Consumer Insights 2024 May 31, 2024- Results from a new McKinsey survey reveal how consumer preferences for vehicles are evolving within China, one of the world’s most important automotive markets. Report (48 pages)
It’s the holiday season: Insights for consumer business November 1, 2024- This year, the holiday shopping season is longer than ever. But for consumer businesses to drive sales in the final stretch,... Article A growth arena: State of grocery retail 2024 Middle East and North Africa ...
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October 25, 2023 - Linamara Battistella, MD, shares insights from more than three decades promoting rehabilitation, accessibility, and rights for... Article The green hidden gem – Brazil’s opportunity to become a sustainability powerhouse November 4, 2022 - Brazil could potentially become a ...
Companies in Latin America posted revenue growth of 22 percent in 2023, up from 20 percent growth in 2022. Dive in to learn more Time to move: Sporting goods 2024 A - Latin America B - Asia–Pacific C - North America Everyone’s doing it Which of the following is NOT a consumer behav...
But as consumer sentiment continues its slump, consumers prefer to sock their cash away in the bank rather than spend it, pushing the savings rate higher. The savings rate in China hit 31.7 percent in 2023. This is propelling the country’s total pool of savings to record highs. To put ...