Connected-Car Sales Set to Cross 6 Million This Quarter: Chart

Connected-Car Sales Set to Cross 6 Million This Quarter: Chart

(Bloomberg) -- Sales of new cars with built-in cellular-network connectivity, which have hovered about 5.9 million a quarter since the beginning of the year, will break through that level in the fourth quarter, according to Bloomberg NEF. That will increase to 7 million a quarter in 2019, and by 2025 most carmakers plan to have more than 90 percent of their new models connected, BNEF said.

©2018 Bloomberg L.P.

Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES