The New Aftermarket Reality: Road Ahead Requires Collaboration, Shared Vision and Planning for the Connected Aftermarket
In a speech to aftermarket parts manufacturers, jobbers, warehouse distributors and retailers, Bill Long, AASA president and chief operating officer, focused on the steps the aftermarket must take to achieve the desired outcome of optimizing the industry’s ability to leverage telematics.
Ridesharing Used to Supplement, not Replace, Personal Vehicles, Finds Strategy Analytics
A new report from the Automotive Connected Mobility (ACM) service at Strategy Analytics has found that ridesharing usage may not negatively impact the future vehicle purchase intention of current vehicle owners.
Autonomous Vehicles Will Shrink Automakers’ Collision Parts Revenue By Nearly 50 Percent By 2030, KPMG Projects
KPMG projects that OEMs’ collision parts sales, which was $5.6 billion in 2015, could drop to $2.7 billion by 2030 and dwindle to $1.4 billion by 2040.
On-Demand Autonomous Electric Vehicles Will Dominate Roads by 2030, Report Says
In a new report, RethinkX predicts that within 10 years of the regulatory approval of self-driving vehicles, A-EVs will comprise 95 percent of U.S. passenger miles traveled.
Report: Autonomous Technology Will Transform Vehicle Interiors
According to a report by ABI Research, as driverless technology spurs the motoring public to abandon vehicle ownership and summon shared vehicles when needed, vehicle interiors will become more reconfigurable.
Report: Automotive Aftermarket to Hit $486 Billion by 2025
Digitalization of vehicle repair and innovation in aftermarket components will be among the drivers of growth, according to Grand View Research.
Study: Ford Vehicles Retain Most Value Among Top-Selling U.S. Brands
Among the 13 top-selling brands in the United States, Ford retains the most value, according to a new study by Carspring, an online used-car dealership.
KPMG Survey: Auto Execs Say 1 Connected Car Generates 10 Times More Revenue than a Conventional Vehicle
No longer defined by its utility, the experience cars provide to drivers and passengers opens a pipeline for new revenue streams and business services that KPMG projects could top $1 trillion in the next decade.
State and Federal Policy Focus Shifts to Vehicle Technology
Since the beginning of the 2017 legislative session, there have been several bills introduced addressing self-driving vehicles and vehicles with varying levels of automation.
GM, Honda Establish Joint Venture Operation
Automakers say they have established the auto industry’s first manufacturing joint venture to mass produce an advanced hydrogen fuel cell system that will be used in future products from each company.
