Center for Automotive Research
In 2011, a total of eighty million automobiles and commercial autos have been built, led by China, with 18.four million motor autos manufactured. Vehicles aimed to sale on China market have to be listed on the web site of China’s Ministry of Industry and Information Technology, or MIIT ().
However, vehicle homeowners and registered customers have entry to a variety of subscription-based mostly services provided by producers and third-party providers. Owners and lessees can choose out of subscription-primarily based companies or choose not to contract with sure distributors who seek access to numerous kinds of information. Many information miners, retailers and service suppliers need access to shopper automobile information. For instance, insurance corporations seek access to vehicle information for setting particular person premium rates. Some insurance coverage corporations solely want mileage pushed per 12 months, while others may want much more data, similar to driving behaviors like onerous braking and accelerations, or even GPS locations of travel.
The 2019 Cox Automotive Car Buyer Journey study also indicates consumers proceed to be pissed off by new-car prices and are extra probably than ever to be purchasing for used autos. “Trends, technology roadmaps and strategic market analysis of auto safety methods in europe”. China’s fleet of electric automobiles and plug-in hybrids topped 2.21 million by the tip of September as gross sales of electrified autos continued to surge within the country. The rest have been plug-in hybrids, China’s Ministry of Public Security said this week. Electrified cargo autos — which embrace vans, … Read More