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automotive

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September 7, 2018
According to Visa and PYMNTS.com, consumers south of the Canadian border in the United States spend over $250 billion on products and services during their commutes to and from work alone. For the first time ever, more cars were registered with mobile networks than new phones in the United States in 2017, according to Chetan […]
August 13, 2018
2017 was a record year for new vehicles, with around 90 million new passenger cars and light commercial vehicles sold worldwide. Concurrent with rising sales is an emerging focus on technology in the automotive industry, primarily via connected, autonomous, shared and electric vehicles. 1. Total vehicle sales grow modestly between 2016 and 2017 but analysing […]
August 9, 2018
The stratospheric success of SUVs and emerging trends such as connected, autonomous, shared and electric vehicles are redefining the automotive industry as we know it. SUV sales increased by 12% between 2016 and 2017 and remain the fastest growing segment globally as automakers drop sedan and MPV models in favour of crossovers. Despite the risks of […]
Eric Totaro
June 2, 2018
The topics relevant to connected and autonomous vehicles continue to grow as the automotive industry is disrupted by technology. Among dozens of presentations at Connected & Autonomous Vehicles 2018, ranging from maintaining differentiation for luxury automakers to shifting insurance models, five key themes stood out. 1. There is a land grab going on in the […]
May 22, 2018
Despite challenging economic circumstances, manufacturers of luxury brands are focusing their efforts on Mexico, and it is considered the most favourable country for luxury goods in Latin America. Experiential categories such as luxury cars showed strong growth driven by financial plans available to middle-income consumers, such as interest-free payments or leasing. Millennials contributed to the […]
Euromonitor Research
April 30, 2018
Aside from the far-reaching geo-political changes taking place, we are facing major shifts in consumer expectations with decision-making increasingly being influenced and driven by emotion. Whilst it is true that consumer desires vary depending on the individual, culture and income there has been a fundamental change in values towards a need for luxury experiences rather […]
April 23, 2018
Global sales of luxury cars saw yet another year of strong growth. Global wealth expansion is evidently going much further than just personal luxury goods with luxury cars clearly benefiting. Thanks to a combination of this growing prosperity teamed with changing consumer habits; the luxury car market is experiencing more opportunities across a wider range […]
March 15, 2018
  Electric vehicles are gaining market share in the United States, although adoption rates lag behind markets with strong charging infrastructures. Charging an electric vehicle requires more downtime than refuelling a fossil fuel-powered vehicle, which means that consumers will be looking for ways to spend an extra 30-45 minutes. Due to a lack of federal […]
Eric Totaro

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