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Forecasting the portuguese car fleet and automotive aftermarket for the future
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Resumo(s)
The automotive aftermarket business could face losses due to the rising trend around Electric transportation. Previous research as shown that the market share for these vehicles can go up to 7.6% in the Portuguese car fleet. In this study, the author uses time series models to forecast the Portuguese car fleet by 2030 and discusses the possible implications in the automotive aftermarket. Results show that under an optimistic scenario, market share for Electric Vehicles can reach 15.5%, however, its impact could be offset by trends in other car segments.
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Palavras-chave
Electric Fleet Tips4y Aftermarket