Tom Libby, loyalty principal, IHS Markit, has shared his commentary on recent shifts in consumer vehicle preferences.
The webinar will cover the key COVID-19 issues impacting the global commercial vehicle industry.
Research from IHS Markit shows COVID-19 accelerating an already established trend on vehicle age.
Global light vehicle sales are now forecast to be 69.6 million units this year in the wake of the pandemic.
General Motors Corporation retained its position as the leader in automotive manufacturer loyalty.
Users can increase efficiency, decrease supply chain redundancies with UniLink.
The fleet of light vehicles in operation in the U.S. hit a record level earlier this year of more than 278 million vehicles and will grow 6% over the next 5 years, according to IHS Markit.
Novation Analytics focuses on the modeling of vehicle energy efficiency and CO2 emissions compliance. The team is based in Auburn Hills, Michigan.
Does China’s 12-Month Losing Streak In Auto Sales Signal Slowing Growth In World’s Largest Auto Market?
IHS Markit says it expects light-duty vehicles sales in China this year to decline by around 6 percent from 2018. Electric vehicle sales remain a bright spot but not enough to offset sales declines overall, new analysis says.
According to IHS Markit, the sales pace for June is expected to remain above the 17-unit SAAR pace for a second consecutive month.
This acceleration of average age can easily be seen when looking across the past 17 years, according to the research firm.
Guest Commentary: Stephanie Brinley, Principal Automotive Analyst, IHS Markit, Shares Forecast For US EV Sales Market Share
IHS Markit forecasts strong EV sales growth in the U.S. to 2026, in part on the number of new EV models on offer to customers. In 2026, IHS forecasts more than 130 models in the U.S. market will offer electrified propulsion systems. Below, Stephanie Brinley, principal automotive analyst for IHS Markit, shares her perspective.