Automotive sales driven by falling fuel prices and aging vehicles
MOUNTAIN VIEW, California, Feb. 11, 2016 /PRNewswire/ --
10:00 a.m. EST on Wednesday, February 24, 2016
Online, with free registration (Email firstname.lastname@example.org)
Frost & Sullivan's Mobility Vice President and North American Business Unit Leader, Lisa Whalen and Program Manager, Shwetha Surender
The global light vehicle market expects sales to exceed 91 million units in 2016, with growth in the U.S. and Europe balancing the downturn in emerging markets. Ridesharing, intelligent mobility and big data analytics are key trends influencing the market.
Experts will analyze emerging auto market trends and share industry predictions for 2016. Additionally, Frost & Sullivan thought leaders will examine growth in upcoming markets and segments as well as discuss advancements in powertrain, electric vehicle, telematics, aftermarket and mobility integration space. The webinar will be followed by an interactive Q&A session.
Attend this webinar to discover:
- Comprehensive insights about the global automotive industry
- Which original equipment manufacturers' (OEMs) strategy initiatives will excel in the targeted markets and segments
- Technology trends in 2016
This webinar will benefit the entire automotive value chain including OEMs, public transport operators, suppliers, car rental and fleet companies, financial service providers, car sharing operators, parking operators, IT and infrastructure companies, online booking agencies, technology solution providers, telematics providers and industry participants interested in understanding current automotive trends and their implications.
Thought leader insights:
"Automotive sales will peak in 2016 as the average age of cars on the road increases. In 2015, the average vehicle driven in the U.S. was 11.7 years old, placing more vehicles in the prime replacement period for expensive repairs as well as additional routine maintenances," said Frost & Sullivan's Mobility Vice President and North American Business Unit Leader, Lisa Whalen. "Furthermore, OEMs are focused on creating new sustainable revenue streams using connectivity and personalized service."
"Mobility will be in the limelight as volume OEMs increase investments in mobility services," notes Frost & Sullivan's Mobility Program Manager, Shwetha Surender. "Automotive OEMs across the board will move toward car as a service model (CAAS)."
To attend the briefing, email Kayla Belcher, Corporate Communications – email@example.com - your full name, job title, company name, company telephone number, and company email address, website, city, state and country or click here: http://frost.ly/19.
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SOURCE Frost & Sullivan