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The automotive industry is experiencing a shift in gears in the face of evolving consumer expectations and attitudes and developing economic headwinds and tailwinds – from affordability to an emerging subset of buyers.
Whether it’s finding the right balance between digital retailing and physical interactions, navigating uncertain consumer demand, or normalizing EVs, the industry is prepared for what’s next – more agile, innovative, and dynamic than ever before.
For more information, please contact Megan Ryan.
By 2025, it is predicted electric vehicle sales in the U.S. will reach 25% of new vehicle sales
By 2026, 72% of licensed drivers will be driving a connected car
Source:
Cox Automotive, December 2022
eMarketer Podcast Dec 1, 2022