US market posts strong growth despite UAW strikes
Despite the strong performance, GlobalData has held the 2023 US market forecast at 15.3 million units
05 October 2023
05 October 2023
Despite the strong performance, GlobalData has held the 2023 US market forecast at 15.3 million units
Improved availability after supply shortages drives 14th consecutive month of growth
Chinese OEMs are filling the gap in the Russian market left by Western brands’ exit
Factory produces components for internal combustion engines
To build five EVs based on the new STLA medium platform
Acquisition positions Optimus for dealer network and sales growth in Australia
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Although the impact of the metaverse on the automotive industry is minor so far, this technology promises to make digital media experiences more immersive, inclusive, and accessible than today. Its impacts will be particularly felt by OEMs and sales and marketing. As the light vehicle market becomes increasingly saturated, investment will be redirected towards improving in-car media and safety features, leading to an increasingly connected vehicle network.
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