Do you have an old vehicle locked up somewhere in your garage? Or have been on a constant look for getting a new car brand? Perhaps you have been thinking of going into the business of purchasing and reselling used vehicles. The good news is, there is a market for used cars. So you can always buy or resell that car of yours.

How to buy and/or Sell used Cars

Desperate sellers are the key factor of this market because they make used cars always available for sale, which in turn attracts buyers. For a few, purchasing used cars is scaring, while others jump on the ridiculous discount you get from buying a used car.

Choose the Right Brand of Cars to Buy/Sell

Except if you have a specific brand like luxury cars, exemplary autos or a classic taste, you might need to consider brands that the normal trade-in car seller trusts and sees fit for purchase. … READ MORE ...

Blockchain For The Automotive Market Coinmonks Medium

Blockchain technology revolutionizing automotive industryEver since the bitcoin paper in 2008 rose to fame, a new industry, the blockchain sector has tried to find its usefulness in society. By storing information across its network, the blockchain eliminates the dangers that come with data becoming held centrally. Given that blockchains are transparent, they are extensively getting adopted to enable safe communications and digital payments between connected automobiles or vehicles and the infrastructure with use situations as outlined earlier. Blockchain technologies has gained a lot of momentum in the automotive industry and in the sections below, we cover some of the recent blockchain developments for autonomous automobiles.

Universal standards support develop systems that perform across a range of various cars and a number of tech businesses in partnership with vehicle manufacturers have designed the Mobility Open Blockchain Initiative (MOBI).With each other they represent over eighty % of global vehicles manufactured. They are … READ MORE ...

A Look At Trends And Statistics In The Automotive Aftermarket Market 2017

Automotive repair industry australiaOEMs have created a number of channels to distribute their branded components to diverse service departments. Increasing demand for hybrid and electric cars is expected to additional increase demand for specific tools and spare parts utilised in such vehicles. This is anticipated to enhance the demand for automotive collision repair solutions. Safety is a state that implies to be protected from any risk, danger, damage or result in of injury. In the automotive sector, security indicates that users, operators or makers do not face any risk or danger coming from the motor car or its spare components. Safety for the automobiles themselves, implies that there is no risk of harm.

There has been an enhance in vehicular damage caused by accidents, which directly influences the income generated in the international market place for automotive collision repair. Several automobile retailers sell Do-It-Oneself (DIY) kits to customers who choose … READ MORE ...

Retention Will Be The Crucial To The Automotive Market Achievement In 2017

Key success factors electric car industryU.S. Department of Transportation. 1991. Briefing Book on the United States Motor Vehicle Business and Industry, Version 1. Cambridge, Mass.: John A. Volpe National Transportation Systems Center. According to automotive analysis site , the breakdown, by sort of car, for critiques and customer feedback is as follows: employed-auto sales at 38 %, new-automobile sales at 37 percent, and service at 24 percent.

Employment in the domestic automotive industry is probably to continue to decline for the duration of the 1990s, regardless of any action on fuel economy regulations. And, sector adjustments to the present overcapacity will further lessen employment. motor car market (Motor Car Makers Association MVMA, 1991 Salter et al., 1985). 10 Therefore, any lower in automotive sales has ripple effects on employment throughout the U.S. economy.

As the data analytics landscape matures, you can not get left behind. Embrace all the ways data … READ MORE ...

Mergers, Acquisitions In Turkish Automotive Sector To Boost Recent Mergers

Recent mergers and acquisitions in automobile industryMergers and acquisitions (M&A) in the automotive industry much more than doubled globally during the very first quarter of 2018 with overall bargains valued at US$ 29.eight billion, representing a 272% hike when compared to very same period of 2017. This was called the most costly mistakeā€ inside the automotive sector. But who could predict that Tata Motors would prove themselves to be the a single firm from an emerging market to successfully turn about a difficulty and proud Western 1? Therefore, even though it does not have the biggest cost tag in our list, we do believe that the Tata Motors JLR merge played a important part in the shaping of the automotive globe.

That is why I aid senior executives and their teams in North America, Europe, and Asia create methods to address the vital strategic, operational, and systems concerns that come … READ MORE ...