Connected Vehicles Market and Forecast for LTE and Telematics Applications 2014 - 2019 - Identify Key Trends and Future Outlook for Vehicle LTE
The automobile industry is very competitive. The profitability on cars is slim with margins in the US as low as two percent on a new car. The large motor companies can make money by self-financing consumer deals. Dealerships hope to make money by promoting repair service packages, and offering extended warranties. The connected car is considered a gift because it is a new revenue stream, has a better margin than the car itself, and can be a differentiator between the...
View full press release