Every element of the automotive business model is undergoing transformation. Consumers’ evolving preferences are driving next level customer experience, convenience in customer interaction, new ownership models and e-mobility. More than ever, to be distinctive, original equipment manufacturers (OEMs) must deepen their customer relationships. Brands must move from merely functional (“my car gets me from A to B”) to indispensable (“my car is an extension of me”) in the eyes of their customers. According to our consumer research, The Digital Life Index, 65 percent of people view their vehicle in a utilitarian way – as a way to get where they need to go or convenient for their family’s needs. Forty-five percent of people view their vehicle as personally fulfilling – as a reward for their success, to enable their hobbies or passions, or express who they are.
Insight
{{eyebrowContentTitle ? eyebrowContentTitle : activeTagName}}
Guide to Next 2026 Industry Trends Report Guide to Next 2026 Industry Trends Report Guide to Next 2026 Industry Trends Report Guide to Next 2026 Industry Trends Report
Your systems are shaping your future. Are they fighting for you—or against you?