VIN Basics Blog

The automotive industry experienced a shift last year towards more strategic growth as it navigated the evolving landscape of electric vehicles (EVs), autonomous vehicles (AVs), and new partnerships. While EV adoption continued to grow, the pace was slower than anticipated. Autonomous vehicle technology has continued to progress, and Bill Gates has stated that we will reach the tipping point with semi-autonomous vs fully autonomous vehicles within the next decade. Industry partnerships also became increasingly important as automakers sought to share resources, reduce costs, and accelerate innovation in an increasingly competitive environment. 

This blog explores how these three interconnected trends - EV production adjustments, the development of autonomous vehicles, and the growing role of strategic partnerships - highlight the importance of a measured, adaptable approach to navigating an ever-changing market.

Advanced Driver Assistance Systems, aka ADAS, is a hot topic in the auto industry, especially as these safety features become more widespread across manufacturers and their model lineups. Whether your business is in the retail, insurance, auto repair/service, or logistics space, you’ve likely been impacted by ADAS in some way, shape, or form.

Over the next few months, we will share a series of articles on ADAS and its relevance to businesses across the auto industry.  We’ll also be sharing some valuable data about the growth of ADAS from our proprietary vehicle database, and addressing how the use of a comprehensive vehicle database could help solve some of the challenges at hand with such a technical and sometimes confusing topic. Let’s start by learning about what ADAS is and how it came to be!

DataOne Software’s blog this year has emphasized the impact of increasing vehicle complexity within a wide swath of the automotive industry, and we are not going to be short on topics any time soon. The latest innovation that has captured the investment dollars of the tech sector, “AI” (which in truth is a mislabeling of the technology – it should more appropriately be called a Large Language Model) is now making its way into OEMs’ development plans, and automotive risk assessment professionals will need to closely consider its ramifications to avoid unexpected losses.

Over-the-air (OTA) updates are a growing trend in the auto industry and are expected to be standardized across OEMs by 2028. While OTA updates will greatly benefit OEMs, saving 1.5 billion per year in recall services as well as improving the customer experience with fewer trips to the dealer, how will they impact the rest of the industry? This article addresses some of the unknowns that could potentially benefit or negatively impact the retailing, servicing, and insuring of vehicles in the future.

A successful transportation business in today’s fast-paced and competitive climate requires the most efficient and cost-effective business processes. Advances in vehicle technology, including advanced driver-assistance systems (ADAS), telematics, GPS tracking systems, and dash-cam tech have revolutionized the way these businesses operate with the ability to lower vehicle risks and better maintain their fleets. Here are four ways in which advanced vehicle technology is improving transportation businesses.

In previous articles of this ADAS blog series, we discussed the increasing prominence of ADAS and its impact across the auto industry, as well as some of the challenges with these advanced safety technologies. As ADAS systems continue to grow in their prominence, with a solid amount of data accumulated over the last few years to prove their efficacy, as well as their limitations, manufacturers are constantly looking for ways to improve these systems and prevent even more accidents.

This article includes some of the significant trends shaping the future of ADAS as the auto industry works to transform automotive safety and autonomous driving.

* This article was a collaboration with our partners Joseph Creese and Howard Abbey at SBD Automotive.

Advanced Driver Assistance Systems (ADAS) technology is confusing for consumers and businesses alike. While there are core ADAS features that can function similarly across each OEM, such as forward collision warning, lane keeping, or blind spot monitoring, each OEM offers their unique spin on the different technologies and markets them differently with their own branded names.

While it’s no surprise that ADAS (Advanced Driver Assistance Systems) has taken the auto industry by storm, there are still many uncertainties when it comes to how your business will be impacted. There are several benefits to these new features, including increased safety and convenience for drivers, and concerns, such as costly repairs, making ADAS a very complex topic that even those selling, insuring, and repairing these features will require clarification on.

In this article, we’ve covered how some auto industry segments have been impacted by ADAS. Read on to learn more.

In the last ten years vehicle technology, specifically in regard to safety features, has become increasingly complex. These advanced vehicle safety features are often bucketed under the category “Advanced Driver Assistance Systems,” more commonly known as ADAS. While the key motivator of this growth has been driver safety, ADAS will play a larger role for those on the business side of automotive in everything from data collection to lending to titling over the next few years. Some of the most popular ADAS features are: braking assist, adaptive cruise control, lane departure warning, blind spot detection, and rear cross traffic alert.

We live in an age where everything is on demand. Binge watching your favorite TV shows when and where you want, ordering almost any product online and having it delivered on your doorstep within 48 hours, and arranging for transportation to arrive within 5-10 mins from the palm of your hand are all daily occurrences around the country. More and more on-demand business models are created to support this convenient and instantaneous lifestyle our society has become accustomed to.