S&P Global Mobility

At S&P Global Mobility we are proud to say we are the global leader in automotive intelligence and the industry benchmark for clients around the world. We help you make the most informed decisions to capitalize on opportunities and avoid risks because we provide our customers with: ✔ Access to the most comprehensive data from a trusted partner spanning the entire automotive lifecycle, across all our solutions ✔ Connection to the largest, most experienced team of analysts and data scientists from the automotive industry to help you capitalize on opportunities and avoid risk ✔ One trusted partner who is quickly able to react and provide the best support to the inevitable crises and changes that come up in this rapidly evolving market Learn more at https://lnkd.in/e3egJaFa

Although #Tesla has yet to achieve a breakthrough in the robotaxi sector, there are indications that its ambitions may be more pragmatic than previously perceived. By implementing a geofenced operational model, Tesla can better manage deployments and facilitate regulatory approval. https://okt.to/oY9Qgf #autonomy #autonomous

𝗧𝗮𝗿𝗶𝗳𝗳 𝗪𝗶𝗻𝘁𝗲𝗿 𝗜𝘀 𝗖­𝗼𝗺𝗶𝗻𝗴 The US vehicle market landscape is dramatically shifting with US President Donald Trump announcing a 𝟮𝟱% 𝘁𝗮𝗿𝗶𝗳𝗳 𝗼𝗻 𝗮𝗹𝗹 𝗶𝗺𝗽𝗼𝗿𝘁𝗲𝗱 𝗹𝗶𝗴𝗵𝘁-𝗱𝘂𝘁𝘆 𝘃𝗲𝗵𝗶𝗰𝗹𝗲𝘀, effective April 3, 2025. These measures are expected to create a "tariff winter," leading to persistent high #tariffs and increased manufacturing costs in the US. The effects of the tariffs will be far reaching. Japanese and Korean OEMs are particularly exposed, with as many as 2.7M vehicles sold into the US in 2024. Mexico is also at risk, with 2.4M vehicles exported to the US in 2024; About half of these imports were from US domestic OEMs. Governments are vowing to defend their national champions with the German government saying it "will not give in" and that Europe must "respond firmly" to the new US tariff regime. French President Emmanuel Macron called the tariffs "a waste of time" and "incoherent." Outside Europe, the Canadian government called it a "direct attack" and mainland China accused Washington of violating international trade rules. The Korean government is reportedly considering financial assistance to its local OEMs and suppliers. Depending on the US administration’s actions in the next few days, this is the new baseline for trade relations. Automakers and suppliers may now be in a position where they can make decisions with more confidence. Costs will increase for manufacturing in the US, and consumer costs for vehicles will rise. Although a full forecast update has not been developed, if no revisions are made to the latest announcement, S&P Global Mobility sees the potential for US light-vehicle sales to migrate to between 14.5 million and 15 million units annually. https://okt.to/auUicB #automotiveindustry

"This growth in electrified vehicle sales is evident across all states, signaling widespread momentum toward electrification." As the state of #electrification continues to evolve, dealers and marketers can stay ahead of the curve by identifying regions with the highest growth potential. While 10 states make up 71% of EV sales nationally, the true growth opportunities lie in understanding the shifting preferences and incentives across all regions. Where does your state rank? Find out in this month's edition of the Polk Automotive Marketing Monitor. #EV #AutomotiveTrends

With volume for the month projected at 1.45 million units, March 2025 US #auto sales are estimated to translate to an estimated sales pace of 16.3 million units (seasonally adjusted annual rate: SAAR). This would bring the SAAR average in the first quarter of the year to a level of 16.0 million units. While the first quarter of 2025 would reflect progress from a year-ago reading of 15.5 million units, it might be the high mark for a while, as auto tariffs take effect in April. Read the S&P Global Mobility blog to learn more: https://okt.to/0BRuAz

📉 Growing Slower Than the Market? You Might Be Losing More Than You Think! 📉 Many automotive suppliers focus on their revenue growth—but is it growing fast enough? A 5% increase might sound great, but if the market is growing by 10%, you’re actually losing market share. 🚨 Why does this matter? Losing market share weakens competitiveness, reduces bargaining power with OEMs, and can trigger a downward spiral of declining profitability and relevance. 🔍 How to stay ahead? ✅ Continuously compare your growth (CAGR) to market trends provided by S&P Global Mobility ✅ Identify and target strategic projects to close growth gaps ✅ Execute with clear goals, resource planning, and structured sales processes 💡 The key to success? Data-driven decision-making and automated market analysis. Our latest article explains how Digital Automotive helps suppliers track market performance, secure growth, and stay ahead of the competition. #Automotive #SalesStrategy #MarketShare #Growth #Digitalization #B2B

"Michael Robinet, a vice president at the automotive intelligence provider S&P Global Mobility, said that few automakers outside of America’s big three brands — General Motors, Ford Motor and Stellantis — have excess production capacity in the United States. "That means that if they want to make more vehicles, they would have to build new factories, which would take years to complete. "For now, Mr. Robinet said, the tariffs would mean chaos for automakers and higher prices for consumers in the United States. “'There’s a belief from some in the government that automakers will simply absorb the added costs,' Mr. Robinet said. However, automakers’ margins are ill-equipped to handle that burden, he said. "'Vehicle prices will go up without doubt,” he said, “it’s just a matter of how and when and how much.'” https://okt.to/OZhqj3 #tariffs #automotiveindustry The New York Times

Continued development of battery-electric vehicle (BEV) sales remains an assumption in our longer-term US light vehicle sales forecast. In the immediate term, some month-to-month volatility is anticipated. March BEV share is expected to reach 8.5%, an increase from February-reported figures and reflective of the uneasiness as automakers, dealers and consumers continue to digest potential changes to BEV incentives. https://okt.to/GciQhK #automotiveindustry #automotivenews #electricvehicles

The US import tariff applies to all countries, including Canada and Mexico. However, there is also a clause allowing for a reduced tariff if the imported vehicle includes US-produced components, as long as those parts are compliant with USMCA free-trade rules of origin. As the President has said that he expects no end to the US tariff on auto and auto parts imports, S&P Global Mobility expects persistent #tariffs at a high level and few exclusions. Depending on the Administration’s actions in the next few days, this seems to be the new baseline for #automotive trade. https://okt.to/bgipKL

February 2025 saw a significant increase in US auto inventory levels, rising by 3.4% month-over-month for a total of 2.9 million units listed for sale. This follows two consecutive months of inventory decline. The uptick may indicate a strategic inventory restocking at the dealer level, particularly following the typical end-of-year sell-down that often leaves dealerships with depleted stock. As of February, S&P Global Mobility has not observed tariff impacts on inventory volume but may in the coming months as OEMs adapt to the changing trade environment. https://okt.to/Oh4gao #automotiveindstry #automotivenews