Wolk & Nikolic After Sales Intelligence GmbH’s Post

Creating products first or knowing the market? We have seen a lot of products and services on the automotive market. Local companies can sell products and services to the local area. You can compete with your competitors by differentiating your products and services. Consumers will see products with added "values". Automotive become more prominent these days. And competition makes more vigor. #automotiveindustry

🚀 Exciting News! 🚀 Germany has recently reached a record-breaking price of $207 per unit for vehicle seats! 🤯 This extraordinary milestone is a testament to the thriving automotive industry in the country. #AutomotiveIndustry #GermanEconomy #RecordBreaking The surge in price demonstrates the high demand for vehicle seats and the quality manufacturing prowess of German companies. 🏭👏 #QualityManufacturing #MadeInGermany The automotive sector plays a vital role in the German economy, contributing significantly to employment and technological innovations. 🚗💼 #JobCreation #TechnologicalInnovations German car manufacturers have long been recognized for their commitment to excellence, delivering cutting-edge designs and ergonomic comfort. 🚘💺 #Excellence #ErgonomicDesign This achievement further solidifies Germany's status as a global leader in the automotive industry. 🌍🏆 #GlobalLeader #AutomotiveIndustry The flourishing demand for vehicle seats not only reflects the increasing number of automobiles on the road but also highlights the importance placed on safety and comfort. 🛣️👩🔧 #SafetyFirst #ComfortMatters This milestone presents immense opportunities for domestic and international suppliers within the vehicle seats market. 📈💼 #Opportunities #Suppliers It's an exciting time for companies operating in the sector, as they can leverage the market dynamics to enhance their market share and boost profitability. 💪💸 #MarketShare #Profitability To maintain this remarkable growth, businesses need to continuously innovate, adapt to changing consumer preferences, and invest in R&D. 🔍🧪 #Innovation #R&D This focus on innovation will allow them to stay ahead of the competition and meet the evolving needs of the automotive market. 🏁🚙 #StayAhead #EvolvingMarket Congratulations to all the stakeholders involved in this accomplishment! Let's celebrate this remarkable achievement and keep pushing the boundaries of success in the vehicle seats industry! 🎉🚀 #IndustrySuccess #PushingBoundaries Remember to follow IndexBox for more updates on market trends, industry insights, and record-breaking achievements! 📊🔎 #MarketTrends #IndustryInsights #IndexBoxUpdates https://lnkd.in/dQJzk-nh

Addressing Intense Market Competition: The Profound Implications of Automobile Manufacturers' Pricing Strategies In the current global automotive market, a notable surge in price reductions is taking place, from the BMW i3's entry at 170,000 yuan to substantial discounts on both electric and combustion engine vehicles from luxury brands like BBA. These competitive pricing tactics, while enticing for consumers, raise concerns about transparency and potential future price drops. Luxury brands' aggressive discount strategies, though momentarily boosting consumer interest, also set the stage for ongoing price reductions. This dynamic leads many consumers to adopt a wait-and-see approach, anticipating further decreases. However, such reactive pricing strategies pose challenges for manufacturers, impacting profitability and driving a few brands to positive growth through strategic positioning. Joint venture brands face even greater challenges, needing to sacrifice short-term profits for market share retention through price competition. They are also investing in intelligent transformations and partnerships with tech firms to enhance product competitiveness, aligning with evolving market demands and consumer preferences. In conclusion, the current price war in the automotive sector not only reflects fierce market competition but also necessitates manufacturers to adjust their strategies. Key considerations revolve around maintaining price competitiveness, establishing transparent sales frameworks, and building consumer trust through technological innovation and enhanced services. #AutomotiveIndustry #MarketCompetition #PricingStrategies #ConsumerPsychology #MarketDynamics

"Balanced Demand & Supply"   Managing sales in the best possible way is not easy and is a permanent challenge. It is common for supply and demand to become unbalanced. At Volkswagen R, we try to identify and seize every opportunity. And yet the principle is: Always produce ONE vehicle less than the market demands in order to keep the desirability of the R brand constantly high. We call it "Balanced Demand & Supply".   Oliver Blume, CEO of the Volkswagen Group, defines the "value over volume" approach in the company, which is great! We support this 100% and are absolutely convinced of this business model.   Why? This has numerous advantages. First and foremost, of course, for us as OEMs, but also for importers and dealers. Due to the high desirability of the Volkswagen R products, we keep the discount level at a reasonable level and generate reasonable margins. At the same time, due to the high level of desirability, we are paying in to Volkswagen's brand account #LoveBrand   However, it is our customers who benefit most from this approach. Why? Every customer can be sure that they have bought a very special and desirable product. The residual values of the vehicles are stable and as a result, customers also benefit monetarily from this model. In this way, everyone benefits...   What is your opinion on this?   #Volkswagen #VolkswagenR #BalancedDemandAndSupply #PerformanceIsAMindset #MoreDriveForLife #BeautifullyStrong

At our recent The Road Ahead for Automotive Retail conference we were joined by renowned industry consultant Glenn Mercer who shared his view on the industry from the USA and how the key 'forces of change' in our industry are set to impact retailers. Missed the event? Then don’t worry, you can read his views in his guest blog below 👇 #blog #automotiveindustry #carsales #automotiveretail

#Automotive #Tire #AfterMarket #Market Size and Projections The Automotive Tire AfterMarket Market Size was valued at USD 100 Billion in 2023 and is expected to reach USD 140.7 Billion by 2031, growing at a 2% CAGR from 2024 to 2031. The report comprises of various segments as well an analysis of the trends and factors that are playing a substantial role in the market. The global Automotive Tyre Aftermarket Market is currently witnessing strong expansion, driven by multiple factors. The expansion is being driven by the growth in vehicle ownership, the increasing demand for replacement tyres caused by wear and tear, and the rapid growth of the automotive industry. Moreover, tyre manufacturing is being improved by technological breakthroughs, which are increasing the durability and performance of the products. This is in turn contributing to the growth of the market. Furthermore, the increasing prevalence of online shopping platforms is granting consumers convenient entry to a diverse array of tyre choices, hence fostering the rise of the industry. Given the combination of these factors, the Automotive Tyre Aftermarket Market is expected to experience substantial expansion in the upcoming years. key Players Bridgestone Americas, The Michelin Group Continental Agency The Goodyear Tire & Rubber Company PIRELLI & C. S.P.A.

This morning Cox Automotive Inc. released the mid-month Manheim Market Insights report - including a new view measuring at EVs and Non-EV wholesale values. We continue to move towards more normalcy in the wholesale market - and that's a good thing! Check it out here: https://lnkd.in/eTCrGN5G #coxautomotive #Manheim #automotiveinsights

As the landscape continues to shift, our latest report captures key insights and trends shaping the Israeli automotive market. Don't miss out on understanding the market dynamics, including vehicle registrations, brand performance, and more. Click below to read the full review: https://lnkd.in/dbhw54ws #IsraeliMarket #AutomotiveTrends #MonthlyReview

Automotive F&I Solution Market Share 2023 |Companies,Drivers, Trends, Five Forces Analysis, Forecast 2030: … 𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐅&𝐈 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐰𝐢𝐭𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐭𝐚𝐭𝐮𝐬 𝐅𝐫𝐨𝐦 𝟐𝟎𝟐𝟑-𝟐𝟎𝟑𝟎 Global "Automotive F&I Solution Market … 2030. 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐓𝐎𝐏 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐬 in Automotive F&I Solution Market … 3 Competitive Environment: Automotive F&I Solution … #car #cars #awesome