Tag: connected car

Connected car shipments to decline 15% in 2020 but sales to return in 2022

Newsbytes.PH July 30, 2020

After years of consistent growth, the connected vehicle industry will face a 15% decline in shipments and flat revenues in 2020, according to analyst firm ABI Research.

Connected vehicle shipments to drop 15% due to Covid-19

Newsbytes.PH June 13, 2020

The Covid-19 outbreak has caused global new vehicle sales to contract by 19% in the first quarter of 2020 due to supply chain disruption, factory shutdowns, and the automotive vertical’s high dependence on brick and mortar retail sales.