The European light commercial vehicle (LCV) telematics market is largely untapped. Overall penetration of telematics in the 29 million LCVs in operation in Europe is just 6.2 per cent, which presents immense opportunities for telematics vendors as well as original equipment manufacturers (OEMs).
Lower pricing and increasing consumer trust in digital platforms are creating an environment conducive to the online sale of automotive parts and accessories in North America, according to a report from Frost & Sullivan.
The growing penetration of connected devices among consumers, combined with digitization, and supply chain improvements by automotive retailers and distributors will quicken customer migration to e-platforms.
In its second coming, telematics appears to have greater appeal for vehicle original equipment manufacturers (OEMs), especially in North America.
Market participants’ rose-tinted view of the future might not be entirely unfounded, going by the success of the Hyundai Bluelink, BMW Assist, GM OnStar and several other connected services in vehicles.
For the sixth consecutive year, United States automotive technicians voted Interstate Batteries the brand to beat, outperforming its competitors in brand preferences and future intentions.
In an annual survey conducted by Frost & Sullivan, Interstate dominated the automotive battery category with one out of every two U.S. automotive technicians choosing Interstate Batteries as their preferred brand.
Frost & Sullivan said that the automotive aftermarket sector in Australia is expected to see consolidation of its aftermarket distributors as well as servicing and maintenance providers as scale becomes essential for profitability.
Mr. Vijay Rao, Research Director, Asia Pacific at Frost & Sullivan said that there will be increased competition from original equipment services (OES) channels through introduction of capped price servicing and longer warranty periods on new vehicles sold.
