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This offers the driver improved visibility, resulting in increased road traffic safety. In the future, headlights can be designed to be much smaller and more efficient with laser light. Read the monthly market commentary on the Auto Trader Retail Price Index here. It was important to us to partner with a contract hire and fleet management specialist with the same values as ours, and we were immediately impressed with Grosvenor’s dedication to reducing emissions and supporting the green agenda.

These onboard systems have increased the level of user interactivity available to drivers around the world. Many automakers attempted to stimulate demand by emphasising the notion of motoring for pleasure, rather than practicality, but this has done little, as yet, to revive demand for sporty models. The practicality trend has also been a major impetus for hybrid vehicle growth. Having initially failed to gain traction, this changed when fuel prices hit record highs in the 2000s. Consumers began to turn their attention to hybrids, with the Honda Insight and Toyota Prius enjoying strong gains.

Similar to a consumer price comparison website, the Movex platform allows dealers to advertise a delivery online, and gain quotes from hundreds of transport providers in minutes. The number of vehicle movements arranged through Movex, Manheim’s vehicle logistics platform, increased by 55% in 2018 as dealers looked for ways to manage costs and improve margins. Dealer fitted accessories are fitted after registration and could have an impact on your vehicle’s fuel consumption. The Combined Fuel Consumption and Combined CO2 Emissions figures do not include dealer fitted accessories. Imagery and information shown throughout this website may not reflect latest UK specifications, colours may vary, options and/or accessories may be featured at additional cost and locations and vehicles used may be outside of the UK.

According the PWC study, in the not-too-distant future, connected vehicles will provide real-time data and receive yearly hard/software updates. It’s thought that this predictive maintenance may, in theory, spell the end of the annual service as we know it. This will spell a huge change for the auto trade, in terms of after-care provision but possibly more convenient for drivers of the future.

Trends Japan

The fragmented nature of the automotive industry makes it difficult to push charging infrastructures worldwide or nationally. There is also a continuing discussion about whether it should be the duty of the OEM or the state to charge infrastructure. Some elements of automobile buying have origins in the 20th century and until now have changed somewhat. For the selling of new vehicles, eCommerce is for dealers and consumers, but the traditional shopping experience has always been more important. Moreover, the efforts to incorporate digital instruments like iPads in showrooms have done well to enhance customer service. If you’re one of those people who groan at ‘that time of year’ when the car needs to be serviced, then you’ll love this.

The report explains that manufacturers and suppliers who continue to focus solely on the production and sale of automobiles will find it especially hard to manage the restructuring of the automotive sector. For AID’s perplexed market observers today’s question is not so much whether Germany’s previously long-flourishing domestic market for cutting-edge diesel cars will fade into obscurity, but how soon. As computers have become more central to the mass production of automobiles, the capacity for user interactivity has increased enormously. Today, every car produced has some kind of onboard computer that controls a wide range of functions. Two radar sensors at the front of the vehicle enable the system to judge the distance and users can customize the rate at which the system accelerates. Such cruise control systems are capable of proactive supporting drivers but they aren’t completely autonomous.

  • Little wonder then that Volkswagen’s infamous dieselgate scandal sent shock waves through Korea’s automotive market.
  • From specialist sports cars and high-end luxury vehicles to mass-market volume cars, from the vans and trucks that sustained supermarkets and broader society to the world renowned British buses and taxis, the UK produces it all.
  • A recovery from COVID-19 will see ICE vehicles return to growth, up to 2025 (81.7 million), then experience a decline in market penetration thereafter.
  • Since this virus is highly infectious, more drivers prefer services where maintenance and repairs are not essential.

Our team of data scientists monitor over 1.9 million vehicles each day, including 90,000 vehicle updates and an average of 19,000 vehicles added or removed from Auto Trader. All these trends are likely to come to a head between 2020 and 2025 – which means that these are the decisive years for manufacturers and their suppliers. Our events calendar highlights the latest SMMT events, SMMT supported events and lists any other industry event. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. Apart from the United Kingdom we sell tyres and wheels online in Germany, Italy, France, Spain, Austria, Netherlands, Czech Republic, Hungary, Belgium, Ireland, Slovakia and Poland and we are still planning to enter new markets.

What does a Digital Transformation in Automotive Industry look like?

As EV sales continue to grow and consumers see more of them on the roads, or travel in EVs owned by family or friends, we expect personal experiences to trump concerns. The expected proliferation of commercial EVs should also play a part in reassurance, as will the rise of mass-transit options . A few years ago, for example, the press announced the most significant autonomous truck disruptor. But the arrival of entirely self-sufficient vehicles has been delayed since then. Deloitte’s 2020 study revealed that most consumers in Germany (67%) and Japan (61%) do not wish to pay over $500 in their cars for autonomous vehicle technology options. 58% of German and 54% of US customers replied that they would not pay for alternative-fuel engines more than $500.

Top 7 Digital Transformation Trends in the Automotive Industry

Vehicle manufacturers strive to develop vehicles that allow drivers to run their companies and maintain their social lives while driving to meet their requirements and desires. To maximise the opportunities presented by the growing demand for EVs, business leaders in all regions should examine the priorities they have defined according to the segmentation exercise and ask themselves the key questions shown below. The answers may help soften the blow COVID-19 is making on the market and/or aid in the recovery. They’ll also highlight how well-positioned the business is to help accelerate growth in the EV market and reap the benefits when EVs take centre stage. A detailed analysis of survey responses and additional qualitative research informs the individual profiles.