Urban Science® today announced the launch of a new iteration of its MarketView sales analysis solution, specifically tailored to the unique needs of China-based automotive original equipment manufacturers (OEMs) and dealers. This China-specific flagship solution, which is trusted by automotive OEMs and dealerships in over 30 countries globally, equips industry subscribers with comprehensive insights – driven by Urban Science’s proven scientific processes and methodologies – into market-level sales performance and potential across all brands and geographic regions.
At Urban Science, we’re dedicated to providing the next generation of leaders with the knowledge, skills and support they need to thrive in STEM fields that are often harder to find – and navigate – across underrepresented communities. That’s why we continue to invest in blazing new pathways to STEM education and careers, so our future leaders have the resources they need to reach their full potential. One of the ways we channel this focus is by supporting nonprofits and other organizations that share this passion. In recognition of some of these efforts, we were recently named Corporate Partner of the Year by The Engineering Society of Detroit (ESD). The award honors organizational partners of the nonprofit who have gone above and beyond to support their mission of promoting and celebrating excellence, innovation, cooperation, professional growth and fellowship in the engineering, scientific and allied professions. Since 2020 alone, our company has donated over $225,000 to help support the organization carry out its strategic goals – further carrying our mission to champion the next generation of STEM leaders.
Urban Science®, a leading global automotive consultancy and technology firm, today announced the launch of its science-driven electric vehicle (EV) sales forecasting analysis for automakers with U.S. retail operations through its MarketView™ solution – a leading automotive sales analysis offering. This enhancement empowers automotive original equipment manufacturers (OEMs) to tap the power of Urban Science’s unrivaled industry sales* data and science-driven approach to make optimally informed decisions regarding EV allocation, inventory management and marketing strategies, and in turn promote short- and long-term efficiency, profitability and competitiveness across their U.S. retail operations.
Urban Science® today announced highlights from its 2023 year-end Automotive Franchise Activity Report (FAR), which shows continued stability for the U.S. automotive retail dealer network and a 13% rise in new-vehicle sales, primarily driven by non-retail sales. As of December 31, 2023, there were 90 more dealerships (rooftops) in the U.S. compared to year-end 2022 (18,347 in 2023 compared to 18,257 in 2022); the number of franchises – brands a dealership sells – decreased from 31,554 in 2022 to 30,504 at year-end 2023 (a year-over-year decrease of 1,050 franchises).
Two teams from our company’s Detroit-based headquarters recently set our #DoGreatThings value in motion by volunteering with Forgotten Harvest, a nonprofit dedicated to relieving hunger and preventing nutritious food waste in the city and across the metro area. According to the latest data from the Detroit Food Policy Council, 69% of Detroit households are food insecure, a population that’s well above the national rate of 11% of households. To help address the hunger epidemic, Forgotten Harvest delivers 138,000 pounds of food to local charities each day, providing families in need with free, fresh and delicious food.
At Urban Science, our collective commitment to our #InventTheFuture value guides our approach to driving innovation into every corner of the automotive industry – and progress in the communities where our team members live and work. We take great pride in our ability to help those who need us most, and in the work our global team members do to make a difference in their communities. This past month, our company’s Nashville office exemplified our #InventTheFuture value through partnering with Book’em for an organized book drive. Book’em’s mission is to create a more literate Nashville and ignite children’s passion for reading through book ownership. After book collections ended, our Nashville-based volunteers came together on Dec. 7 to help Book’em prepare the books for donations with tasks such as sorting, cleaning, stamping and shelving.
