Daily Newsletter

15 September 2023

Daily Newsletter

15 September 2023

LMC Automotive brand becomes GlobalData

LMC Automotive now integrated into the GlobalData family as one brand, one platform

David Leggett September 15 2023

Following GlobalData’s acquisition of LMC Automotive in December 2021, the company says LMC Automotive has now officially rebranded as GlobalData.

GlobalData (also parent company of Just Auto) says the transformation marks a significant milestone in GlobalData’s growth strategy and ‘highlights our combined commitment to provide gold standard data, unparalleled expertise, and insights in the Automotive industry under a unified brand’.

As a result of the integration, GlobalData’s expanded automotive coverage is now ‘fully enabled and powered by LMC Automotive’s forecasting and market intelligence expertise’. GlobalData maintains its enhanced analytics capability provides a ‘one-stop shop solution to the automotive industry’s complex value chain’.

Jeff Schuster, Global Head and Executive Vice President, GlobalData Automotive, said: “We are excited for the new opportunities and combined solution as GlobalData’s new Automotive Intelligence Center, but our dedication to deliver exceptional services and empower our clients with high-quality research and analysis remains unwavering.

“This is only the beginning of what will be our new capabilities, as we are now equipped with expanded resources and the same dedicated and trusted LMC analyst team to deliver second to none insights.”

Asia-Pacific leads the Connected Vehicle Technologies market in 2023

The middle class is expanding throughout several Asian nations, which has increased demand for linked and intelligent vehicles. Consumer demand for features like connected services, in-car infotainment, and ADAS has accelerated the development of connected vehicle technologies. APAC nations have made significant investments in enhancing their digital infrastructure, including the rollout of 5G networks, which help to provide dependable and quick communication between vehicles and the surrounding infrastructure.

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