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1 min read •

Healthy Global Auto Sales Growth Looks Doomed in 2019

This article discusses the fact that global car and SUV sales are expected to fall in 2019. The journalist questions whether buying a car is a risk worth taking today. Arthur D. Little’s latest report on the future of automotive mobility is mentioned as the report challenges the idea that new generations of buyers don’t have any passion or interest in cars. “The desire to own vehicles – also from a status perspective – has not changed at all. This means (our) assumptions for market volumes projections remain stable. The vehicle market will continue to grow,” the report said. “The desire for car ownership remains strong, especially amongst the young, and drivers are considering a dramatic switch to electric and hybrid vehicles.”

1 min read •

Healthy Global Auto Sales Growth Looks Doomed in 2019

DATE

This article discusses the fact that global car and SUV sales are expected to fall in 2019. The journalist questions whether buying a car is a risk worth taking today. Arthur D. Little’s latest report on the future of automotive mobility is mentioned as the report challenges the idea that new generations of buyers don’t have any passion or interest in cars. “The desire to own vehicles – also from a status perspective – has not changed at all. This means (our) assumptions for market volumes projections remain stable. The vehicle market will continue to grow,” the report said. “The desire for car ownership remains strong, especially amongst the young, and drivers are considering a dramatic switch to electric and hybrid vehicles.”