Navigating the Fog: Insights from Flavien Neuvy, Senior Economist at BNP Paribas Personal Finance

The automotive industry is currently facing significant challenges in terms of technological advancements and regulatory constraints, placing it at a crossroads. These factors have led to a general sense of uncertainty and skepticism among motorists worldwide, ultimately impacting global sales.

A recent international survey conducted by the Cetelem Automotive Observatory, involving 15,000 people across 16 countries, revealed the prevailing sentiment that “motorists are in a fog”. This widespread feeling of indecision stems from the complexities presented by the push for reduced environmental impact, financial considerations in an inflationary context, and emerging regulatory constraints in urban areas.

In a recent episode of the On the Move podcast, Flavien Neuvy, a Senior Economist at BNP Paribas Personal Finance, offered valuable insights into the expectations and behaviors of motorists worldwide. Neuvy emphasized the significance of artificial intelligence in shaping the future of mobility, believing that the potential of AI as a driving force for change in the next decade is monumental and should not be underestimated. This aligns with the overarching theme of the On the Move podcast, which seeks to explore the sustainable and inclusive aspects of modern mobility while also addressing environmental concerns.

The Cetelem Observatory, established in 1985, serves as BNP Paribas Personal Finance’s research and business intelligence unit, focusing on monitoring and deciphering consumer trends within France and internationally. One of its primary studies is the annual benchmark report on the automotive sector, which provides crucial insights into the evolving preferences and sentiments of the general public across 17 countries.

The latest episode of the On the Move podcast featuring Flavien Neuvy offers a comprehensive analysis of the ongoing shifts and challenges within the automotive industry. Neuvy’s expertise, coupled with the authoritative research conducted by the Cetelem Automotive Observatory, presents an opportunity to gain a deeper understanding of the dynamics influencing motorists worldwide. Through such insights, it becomes increasingly possible to navigate the current “fog” surrounding the automotive sector and drive towards a more informed and sustainable future.