impact of satnav on residuals
EurotaxGlass’s
has teamed up with Navteq, a specialist in mapping and mobile
navigation applications, to embark on three-year study on the
impact of navigation systems on automotive residual values.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
EurotaxGlass’s and Navteq will begin with a survey of seven
European countries this year, to be repeated and updated in 2009
and 2010. The survey will cover the UK, Belgium, France, Germany,
Italy, Netherlands and Spain.
A key area of interest for the automotive industry is the market
for factory-fitted navigation systems as more vehicles are fitted
with this technology.
Navigation systems have contributed some three to six per cent
to the overall new vehicle purchase price. It has already been
established that the positive impact of these systems on residual
values and total cost of ownership is often underestimated,
according to EurotaxGlass’s.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
