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Trends Shaping the Automotive Industry in 2022

Epicflow

This year, the automotive industry is expected to continue its recovery following the headwinds of tough 2020. Electric Vehicles Production and Sales Will Grow. EVs are going to gain higher market shares in Europe, the United States and China and outpace ICE vehicles sales. Automotive Business Trends. Conclusion.

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3 Drivers of China’s Booming Electric Vehicle Market

Harvard Business

In 2022, new EV sales in China grew by 82%, and the country provided 35% of global EV exports. Norway, and other Scandinavian nations were early adopters of EVs, and Germany and Japan have long been automotive powerhouses, their EV markets have lagged in mass market adoption compared to China. While the U.S.,

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Sonic Automotive Sets Its Sales Strategy on 'FIRE'

1 to 1

While sales teams are an important driving force for profit in organizations across all industries, Sonic Automotive recognized that most are rarely given the tools necessary to achieve success. There’s more… To read the rest of this blog posting click here or visit www.1to1Media.com/weblog. 1to1Media.com/weblog.

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Technology Is Changing What a Premium Automotive Brand Looks Like

Harvard Business

The automotive industry is being disrupted by electric vehicles and self-driving cars, just as home appliances is being disrupted by the Internet of Things and smart appliances, home entertainment by on-demand content providers, and apparel by online personal stylists such as Stitch Fix and Trunk Club. Marketing and sales: offline vs. online.

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New Regulations Place Sustainability and ESG at the Center of National and Global Business Competitiveness

Brimstone Consulting

Several states have begun to ban the use of PFAS and have put in place regulations that are disrupting product development, product selection, and corporate strategy for food brands, major retailers, toy manufacturers, automotive manufacturers, apparel and footwear companies, and many others.

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Two Priorities to Build Up Russia’s Auto Industry: Exports and Innovation

BCG

The Russian automotive industry has experienced significant ups and downs in the past decade. We analyzed the factors affecting Russia’s automotive market and developed three potential scenarios. In the most likely of these, the market recovers slowly by 2020 but annual sales still do not exceed 2 million automobiles.

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Happy customers are closer than they appear

1 to 1

The automotive industry has been on a roller coaster ride of profit and loss in recent years. At the start of the COVID-19 pandemic, automotive sales tumbled in 2020 before surging demand and a global chip shortage sent prices skyrocketing in 2021. This article first appeared in the Customer Strategist.