Navigating the US automotive market is becoming increasingly complex. State-level forces, and their responses, are impacting local vehicle markets in a unique way that cannot be observed through a national forecast.
Recognizing that one size does not fit all, our clients need support interpreting how these factors impact state-level automotive markets and drive state vehicle and powertrain forecasts. IHS Markit is the only organization with the industry resources required to support clients with detailed state-level forecasts driven by an understanding of historic and future vehicle registrations, powertrain technology, and local economic insight. This new service provides a forecast for each state individually, driven by a robust and repeatable methodology.
Our analysis of automotive market trends and technology innovation can help you:
- Evaluate your competitive portfolio
- Stay abreast of future technology developments and deployments
- Target emerging opportunities
- Adjust volume and revenue plans
- Align supplier relationships