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A Story of Three Industries: A evaluate of registration and migration patterns within the US new automobile trade

A Story of Three Industries: A evaluate of registration and migration patterns within the US new automobile trade

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Making an attempt to grasp the core, underlying drivers of the US
new automobile trade may be difficult, and for good purpose. In
the 2021 calendar yr within the US, producers marketed 420 fashions
throughout 46 manufacturers, 33 segments, 10 physique kinds and three geographic
origins* – and that is earlier than making an allowance for engine
measurement, gasoline kind, and trim ranges.

But, regardless of this complexity, by reviewing retail new automobile
registration information and migration patterns, S&P World Mobility
has recognized three dominant clusters, or cohorts, inside the
mainstream sector of the trade. These groupings are
considerably bigger in retail registration quantity and their
concentrated migration dynamics than another clusters.

The aim of this paper is to establish these three cohorts,
describe their traits and focus on why you will need to
pay attention to them.


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Authors:




Posted 09 Might 2022 by Tom Libby, Affiliate Director Loyalty Options and Trade Evaluation, Automotive, IHS Markit


This text was revealed by S&P World Mobility and never by S&P World Scores, which is a individually managed division of S&P World.

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