US Light Vehicle Market To See Increased Product Launch Activity in 2018, IHS Markit Says
Automakers are expected to launch about 75 new models in 2018; contrasting with about 53 in 2017 and an expected 56 in 2019, according to IHS Markit forecasts.
IHS Markit Forecast: Autonomous Vehicle Sales To Surpass 33M Annually In 2040
The forecast also projects that autonomous mobility will be enabled in more than 26 percent of new car sales by that date.
Automotive Telematics System Revenues To Reach $6.7B Globally In 2023, IHS Markit Says
According to previous statistics, this number has nearly tripled from 2016. Approximately 70 percent of new light vehicles produced in 2023 will be equipped with some form of OEM telematics systems.
IHS Markit Announces Acquisition Of automotiveMastermind Inc.
Founded in 2012, automotiveMastermind currently provides U.S. automotive dealers with behavior prediction analytics software and marketing solutions that improve the vehicle purchase process and results.
Ford, Mercedes Top Consumer Automotive Loyalty Ranks In Germany, IHS Markit Says
New analysis from IHS Markit on consumer loyalty to vehicle brands in Germany suggests some unique findings on a variety of levels, including an overall industry loyalty rate of 66.7 percent.
IHS Markit Reports On The Impact Of Hurricane Harvey On The Automotive Industry
As the weather situation has eased, IHS Markit looks at what this natural disaster could mean to the automotive industry.
Survey Finds Varied Autonomy And Safety Technology Preferences For New Vehicles, IHS Markit Says
Study shows new consumer preferences for autonomy and other advanced mobility solutions vary widely by age and region.
Consumer Loyalty To SUV/CUVs Highest Ever; Sedan Loyalty Continues To Drop, IHS Markit Says
The top three body styles with the highest loyalty account for more than 85 percent of all new light vehicle registrations in the U.S. during the first four months of 2017.
Consumers Want In-Vehicle Technology, But Willingness To Pay For It Varies, IHS Markit Says
Consumers in the U.S. were most likely to pay for a rear-seat entertainment system, indicating a threshold investment of an estimated $640.
US Commercial Vehicle Market Saw Small Decline Last Year; Slight Uptick Possible For 2017, IHS Markit Says
The decline among Class 8 vehicles contributed significantly to an overall drop of 3.5 percent for the full commercial vehicle market, despite all other GVW categories achieving year-over-year growth through November.
