A Tale of Three Industries: A review of registration and migration patterns in the US new vehicle industry



Attempting to fully grasp the main, fundamental drivers of the US
new car marketplace can be demanding, and for very good purpose. In
the 2021 calendar yr in the US, brands promoted 420 products
across 46 models, 33 segments, 10 physique types and a few geographic
origins* – and this is just before having into thing to consider motor
sizing, fuel variety, and trim ranges.

Nonetheless, irrespective of this complexity, by reviewing retail new automobile
registration facts and migration designs, S&P Worldwide Mobility
has identified three dominant clusters, or cohorts, within the
mainstream sector of the sector. These groupings are
substantially more substantial in retail registration volume and their
concentrated migration dynamics than any other clusters.

The intent of this paper is to discover these three cohorts,
explain their qualities and examine why it is crucial to
be knowledgeable of them.

Download our Whitepaper



Posted 09 Might 2022 by Tom Libby, Affiliate Director Loyalty Options and Industry Evaluation, Automotive, IHS Markit&#13


This post was published by S&P Worldwide Mobility and not by S&P World Ratings, which is a individually managed division of S&P Worldwide.


Source connection