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Industry experts present future trends such as used cars, digital retail, connected car IoT platforms, and fuel cell electric vehicles

Santa Clara, Calif. – December 10, 2020 – The automotive industry, which witnessed weak global sales in 2019, was dealt a body blow in the form of the COVID-19 pandemic in 2020. The resulting lockdowns across all major economies resulted in global sales plummeting in the first half of the year. However, key markets such as China, India, and Europe have shown signs of a recovery as lockdowns ease and economies sputter back to life.

Sales in China and India have been driven by compact small cars sought by first-time buyers, many of whom remain apprehensive about public transportation and ridesharing services. In Europe, the success of incentive programs in countries such as Germany has contributed to positive numbers, while in the United States, the automotive market has witnessed a revival in the third quarter boosted by demand for SUVs and pickup trucks.

To help companies identify new avenues for top-line growth and plan for a more fruitful 2021, Frost & Sullivan’s team of industry experts have compiled a complimentary insight: Top 10 Growth Opportunities in Mobility for 2021 – What You Need to Know Now.

To download the complimentary insight, please visit: http://frost.ly/4zs

Gain insight into exciting new growth opportunities, strategic recommendations, best practices, and future developments in areas such as:

  1. Used car market
  2. Digital retail
  3. Connected car IoT platforms
  4. Subscription services
  5. Car as a point of health
  6. EV platform architecture strategies
  7. Fuel cell electric vehicles (FCEVs)

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion

Contact:

Francesca Valente

Global Corporate Communications

E: Francesca.Valente@frost.com

http://www.frost.com

 

 

About Francesca Valente

Francesca ValenteFrancesca currently serves as Global Corporate Communications Director at Frost & Sullivan. Working as part of the broader integrated MarCom strategy, she leads the development, coordination and implementation of the Company's communications plan. With a specific focus on elevating and championing the voice of the brand, and its most Senior Practice Leaders, she ensures there is consistency and alignment across Frost & Sullivan's internal and external communications channels, and geographies. Her 12-year international experience in MarCom includes positions in the automotive, retail and cosmetics industries across Europe and South America. She speaks italian, english, spanish and french fluently.

Francesca ValenteFrancesca Valente

Francesca currently serves as Global Corporate Communications Director at Frost & Sullivan. Working as part of the broader integrated MarCom strategy, she leads the development, coordination and implementation of the Company's communications plan. With a specific focus on elevating and championing the voice of the brand, and its most Senior Practice Leaders, she ensures there is consistency and alignment across Frost & Sullivan's internal and external communications channels, and geographies. Her 12-year international experience in MarCom includes positions in the automotive, retail and cosmetics industries across Europe and South America. She speaks italian, english, spanish and french fluently.

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