In an industry first, by integrating the data, products, services and technology across its portfolio, the Group will connect car maker, financiers, dealer and consumer in the most efficient way possible. An essential component is connecting finance data, the core thread of new and used vehicle sales. Seamlessly integrating this will unlock the barriers to offering a complete ‘omnichannel’ customer experience – blending physical showrooms and the virtual world – from first sale, through aftersales and re-sale.
The commercial gains on offer are vast. Based on the 77 million new cars sold globally in 2020, with a value of $2.5 trillion**, a 1% shift in ecommerce sales would equate to $25 billion in revenue. And that’s without factoring in the potential of global used car sales – the forecast for Europe in 2025 alone is €357 billion*.
The Automotive Transformation Group is also looking to help its customers to improve their profitability. By leveraging its products and services to cut transaction times and reduce sales process costs, the industry could generate an additional £2.2 billion per year in global profitability based on an extra £142 per new vehicle sale.***
The new Group already handles one transaction every 3.5 minutes ($4.25 billion annually) and has an unrivalled experience and operational scale in the industry. The company serves more than 20 car manufacturers in over 10,000 locations across 96 countries.
Commenting on the launch of the Automotive Transformation Group, Chairman David Riemenschneider said: “The digitalisation of the sales process is advancing at an unrelenting pace. The Automotive market, which is one of the largest in the world, has lagged other sectors in terms of the speed of transition to online sales, but that is changing rapidly. Until now, the cost and complexity of integrating each element of an online and offline experience into a brand consistent omnichannel one, has prevented it being delivered at scale. The Automotive Transformation Group aims to change that. By joining up the dots we will enable car manufacturers, financiers and retailers to unlock the huge potential and efficiencies in today’s sales process and overall value chain. And now is the time to act.”
CEO Christian Erlandson added, “Since we announced the merger between Autofutura and GForces, we have been engaged in strategic discussions with some of the biggest players in the industry. This demonstrates just how dynamic the automotive industry is and how fast it is shifting towards digitalisation. We offer something truly unique. By connecting vehicles and consumers, serving the right offer, at the right time, to the right customer and then facilitating the seamless transition from one vehicle to another, we are streamlining the customer journey, right from the first transaction. We believe the companies which we support will not just have happier, longer standing customers, they will also be even more successful as a result of the substantial efficiencies they have achieved.”
*, **Car sales and forecast data (Frost & Sullivan, May 2021)
***Calculations based on Automotive Transformation Group proprietary UK
Apparently that new car smell just isn’t the same for some electric car customers.
Ford has developed a gasoline-scented fragrance for EV owners to help them make the transition to battery-power.
The Mach-Eau GT was unveiled at the Goodwood Festival of Speed in England, where Ford is showing off its electric Mustang Mach-E. Company CEO Jim Farley even took a racing version of the car for a run up the venue’s hill climb course.
Ford conducted a survey asking people what they’d miss about internal combustion engine vehicles and 70% said gasoline, Autoevolution reported.
“Judging by our survey findings, the sensory appeal of petrol cars is still something drivers are reluctant to give up. The Mach Eau fragrance is designed to give them a hint of that fuel-fragrance they still crave. It should linger long enough for the GT’s performance to make any other doubts vaporize too,” Ford spokesman Jay Ward said.
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The concoction doesn’t actually contain any petroleum, but “is designed to please the nose of any wearer; a high-end fragrance that fuses smoky accords, aspects of rubber and even an ‘animal’ element to give a nod to the Mustang heritage,” according to Ward.
Unfortunately for gas guzzlers, it’s also not for sale, but was created purely as a promotion. (Well, that … stinks.)
The Mach-E does have a feature that tries to help with the transition from muscle cars to silent electric power, however. The car is equipped with a system that plays a digitally-created audio track inspired by the rumble and exhaust of an internal combustion engine powertrain that has a loud setting labeled “Unbridled,” but can also be turned off.
Nobody knows when the timeliness of the bike on this earth. Riders had been seen leaping and racing around dust tracks, as well as, round their neighborhoods on BMX bikes. Around 1850an and 1860an, Frenchman Ernest Michaux and Pierre Lallement make a bike with a special design, by placing the pedal to the front wheels, and have used frames manufactured from steel, while the wheels are made from wood with metal tires.
Whereas driving in the highway, bicycles must observe the principles different automobiles do. This includes by no means riding in opposition to traffic as a result of motorists aren’t searching for bicyclists using on the unsuitable aspect of the highway and should not see you there till it is too late.
Kick stands keep bicycles upright when parked, and bike locks deter theft. Some children may prefer to experience their bikes fast on sidewalks; they have to know that elderly folks sometimes use the sidewalks to stay out of the streets. On this case, a assessment of the legislative intent, mixed with a overview of different statutes, shows that bicycles were by no means really supposed to be included in DUI laws.
Most folding bikes have smaller wheels, which makes the bike a little less environment friendly and trickier to deal with than a typical bike, but most folding bike fans really feel the benefits outweigh the disadvantages. Mountain bikes have become the most popular options during the last 10 years or so. One of these bike can have wider tires to deal with the tough terrain.
More expensive bikes use carbon fibre as a result of its significantly lighter weight and profiling potential, permitting designers to make a bike both stiff and compliant by manipulating the lay-up. This refinement led to the Eighteen Nineties invention 30 of coaster brakes DÃ©railleur gears and hand-operated Bowden cable -pull brakes were also developed during these years, but have been solely slowly adopted by casual riders.
While some ladies’s bicycles continue to use this frame model, there is also a variation, the mixte , which splits the highest tube laterally into two thinner top tubes that bypass the seat tube on either side and connect to the rear fork ends.…