30. October 2024
Pava Mobility Tech Sector Report Q3 2024
Automotive Commerce market face tailwinds after challenging years
Our latest sector report highlights the sub-sectors of Automotive SW & Data, Mobility Services & Micromobility, Electric Cars and Automotive Commerce. All four sub-sectors performed well on the stock market in the third quarter. Automotive Commerce shares performed particularly well. The entire sector experienced a strong third quarter, with shares in ACV, Auto1, Autotrader and CarGurus each gaining more than ten percent. The sector has gone through a wave of consolidation in which players such as Cazoo, which failed to develop a sustainable business model, have disappeared from the market. After a difficult previous year, the industry is clearly making a comeback in 2024.
For an in-depth analysis and forward-looking insights into the mobility industry, request our Pava Mobility Tech Sector Report for Q3 2024 below.
Alternatively, connect directly with our mobility experts Viktor Meier, Dr. Jens Schmidt-Sceery, Tobias Seige, and David Riemenschneider to gain a competitive edge.