Data harnessed from connected vehicles could dramatically increase the information available to the used car trade and change the way fleets and remarketing organisations engage with used cars.
According to e-commerce specialist Epyx, manufacturers – many of which have been cagey about allowing third parties access to data – are now considering sharing it for commercial gain. Dwindling production has hit OEMs’ bottom lines and some are allegedly looking to commercialise data and investing accordingly.
Matt Waller, director of connected car at Epyx’s parent company, Fleetcor, told Autocar that there are currently “circa 1.2