Trends In The Automotive Industry 2024

Trends In The Automotive Industry 2024. Privacy concerns will remain at. After selling 13.5 million powered evs in 2023, automakers will sell 17.1 million vehicles in 2024.

The automotive industry will face another subdued year in 2024, weighed down by slow consumer spending, high interest rates and disruption to supply chains due to geopolitical tensions. In 2024, the automotive industry will continue to navigate the intersection of privacy, data integration, and digital retailing, shaping a new landscape for car buyers and dealers alike.