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Tuesday, 26 January 2021 19:01

Five Automotive Trends to Watch in 2021

Written by Ryan Mandell

Index

...HUD to be offered across the entire automotive spectrum instead of just through high-end luxury brands.

 

Rise in Accident Severity

 

Accident severity, in this context, is not specifically focused on part costs, although that may be a significant by-product. Instead, the increase in severity is related to factors including lightweight construction and the interconnectedness of vehicle systems---such as Advanced Driver Assistance Systems (ADAS), air bag components, suspension, steering parts and various other electronic mechanisms.

 

Between 2018 and 2020, the frequency of estimates classified as “non-drivable” has grown by 5.63%, and the frequency of airbag deployments has increased by 22% per Mitchell data. These numbers demonstrate the critical role properly functioning electrical systems play in vehicle safety.

 

When such systems are activated during an accident, the vehicle has a much higher likelihood of being non-operational, adding extra costs to the repair.

 

The pandemic’s impact on the global automotive industry will be felt for years to come. Changing consumer needs coupled with advancements in technology are sure to drive innovation and a new way of operating—helping the sector emerge from the COVID-19 crisis even stronger.

 

Source: Mitchell

 

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