Skip to main content

Automotive players targeting corporate mobility

Offering services that facilitate an integrated door-to-door business travel management solution is one of the main focus areas for growth and investment in 2015 in the automotive industry, according to Frost & Sullivan. With the business travel market worth US$1.3 trillion (GBTA), there is an increasing trend towards companies using online booking tools and cloud based services to plan, book, and expense/account business trips. Automotive market players are working to have their share of the future corpora
April 14, 2015 Read time: 3 mins
Offering services that facilitate an integrated door-to-door business travel management solution is one of the main focus areas for growth and investment in 2015 in the automotive industry, according to 2097 Frost & Sullivan. With the business travel market worth US$1.3 trillion (GBTA), there is an increasing trend towards companies using online booking tools and cloud based services to plan, book, and expense/account business trips. Automotive market players are working to have their share of the future corporate mobility market by creating new mobility business models, some by rebranding as business mobility providers.
 
“There are several mobility providers making a shift, such as 1731 BMW Alphabet or 5814 LeasePlan, having previously been traditional leasing companies, now targeting customers with more flexible solutions, offering corporate car-sharing or a mobility mix of services,” says partner and Global Practice director Automotive & Transportation, Sarwant Singh. “The rising digital technology capability turns car companies into service providers and makes it crucial to develop pioneering business models to secure one’s share of the market.”
 
To present and discuss potential new mobility business models for the automotive as well as related industries, Frost & Sullivan has organised its annual industry event Intelligent Mobility: Business Models in Connected and Automated Mobility on 1 and 2 July at the House of Lords as well as the Royal Garden Hotel in London.
 
“According to a recent customer survey conducted by our research team, there is a revolutionary shift underway in the corporate mobility space, linking smart solutions from several adjacent industries, such as Fleet, Travel and Expense Management to the general mobility industry, which results in changing customer preferences towards new business models, such as car-sharing, ridesharing, and parking services,” further outlines Mr. Singh. “There is a high interest in deploying such solutions over the next two years. The number of companies entering the corporate cars-haring market increased from 13 in 2013 to 20 last year, with most car rental and leasing firms present, and the entry of vehicle manufacturers 2125 Audi and 2069 Daimler.”
 
Besides focusing on the development of the corporate mobility market as well as future mobility business models and trends as well as new mobility business models, Intelligent Mobility will bring together industry experts on autonomous vehicles, connected cars, big data in automotive, cyber security as well as e-commerce platforms. The conference will be complemented by the Frost & Sullivan Intelligent Mobility Awards Banquet, a black tie evening and gala dinner.

For more information on companies in this article

Related Content

  • Owning a car will be a thing of the past in less than a decade, say researchers
    January 10, 2017
    UK automotive executives expect that more than half of today’s car owners will not want to own a car in less than a decade, according to KPMG’s Global Automotive Executive Survey 2017. The survey found that 74 per cent of UK automotive executives think that until 2025, more than half of car owners today will not want to own a vehicle, as self-driving technology and mobility as a service will take priority. The report findings revealed that 62 per cent of UK automotive executives view diesel technolog
  • TRAFIC 2017: Automobile and scooter brands to exhibit electric mobility models
    October 9, 2017
    A total of 8 automobile and scooter brands will be presenting 14 models at TRAFIC 2017, the International Safe and Sustainable Mobility Exhibition, at the new electric and efficient mobility area, from 24 to 27 October. The 15th edition, organised by IFEMA, will feature Audi (F. Tomé), BMW (Cuzco Motor), Hyundai, Nissan, Peugeot, Renault, Volkswagen (F. Tomé) and NIU (Motos Bordoy) will present their models to professionals and demonstrate the industry's dedication to electric mobility.
  • Value of time – the key decider
    March 4, 2014
    The ‘value of time’ concept can be a vital decider in prioritising transport projects, as Lorenzo Casullo and Serbjeet Kohli of Steer Davies Gleave explain. How much do travellers value their time and how much would they be willing to pay for a better and faster transport option? For many years Steer Davies Gleave (SDG) has been collecting this type of information from thousands of people across the world as it researches travellers’ behaviour. And given the importance of this parameter for transport mo
  • Leading Finland’s transport revolution
    July 18, 2017
    Anne Berner, Finland’s minister of transport and communications, does not fit the normal political mould. She is not a career politician but a business executive who became a member of parliament in 2015 and has said from the outset that she will only serve one term. Without concerns about being re-elected and a clear view of the future of transport, Berner can concentrate on what needs to be done - tackling some of the more contentious and intransigent subjects. Her name is best known for two major initiat