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Here's why you should do it and how.

As businesses face increasing competition and changing market conditions, accurate forecasting has become an essential tool for success.

The commercial vehicle segment continues to decline across the board, with CVs (above 16T) registrations numbers retreating -1.9% at 20,365 registrations.

Do you know you’re already sitting on a goldmine of data - either derived through conversations you’ve had with experts in your industry, or through external data sources.

For the fifth month running, December continues on the uptrend, with 896,967K registrations.

Are you having trouble identifying the relevant leading indicators or KPIs? Here are some of the key leading indicators worth integrating to generate your forecasts.

The commercial vehicle segment continues to decline, with the exception of heavy trucks (above 16T) registrations numbers sticking out with a reported +21.1% YoY growth, coming in strong with 24,032 registrations.

For the fourth month running, November continues on an uptrend, with 829,527 registrations, with the strongest increase attributed to gains in four key markets

Utilizing scenario analysis effectively can increase your chances of building resilience, particularly during market turbulence. Additionally, by doing this, you can add some level of nuance to your forecasted data, increase planning flexibility, add safety nets to your plans, and lessen the impact of market fluctuations.

Amidst the continuing decline seen in total registrations in the commercial vehicle segment, October registrations in the heavy vehicles (above 16T) segment saw an uptrend, reporting a 18% YoY increase, landing at 23,592K.‍

October continues on an uptrend for the third consecutive month, with 745,855 registrations, attributed to positive double-digit gains in three key markets

You’re reviewing several #forecasts from various departments. The production report numbers state that they plan to procure automotive parts to manufacture X number of passenger cars. The sales report says something else.

As a chemical manufacturer serving the consumer goods market, they needed to get insight into the textile production volumes and export numbers to determine the key drivers that would impact their chemical production.

Once again, September’s result was primarily driven by growth in the Central European countries. A solid triple-digit YoY percentage gain was seen in both Croatia and Lithuania, reporting 173.5% and 154.2%, respectively.

A company could achieve high forecast accuracy numbers just a decade ago, leveraging only internal data. However, at the speed at which the market and economy are changing, not including market-and economic data would render your tactical and strategic uncompetitive.

September’s results represent growth for the second consecutive month, sustained from August and partly attributed to a low baseline comparison seen in September 2021.

We’re examining the potential effects of increasing operational costs by way of increasing oil prices and freight volume - all of which will invariably impact the registration volume.

Indicio adds a new data integration with Oxford Economics, one of the world’s leading independent economic advisory firms giving market intelligence leaders and analysts instant, real-time access to macroeconomic data and forecasts across industries.

July’s result was largely driven by Central European countries (+15%). August was an even more positive month, with nearly all EU markets posting strong gains.

The automotive manufacturer's primary concern was to ensure that they could quickly adapt and optimize production capacity to meet market trend shifts.

Attributing to the ongoing semiconductor shortage, Germany (-12.9%) and Spain (-12.5%) posted the strongest declines in July.

A myriad of factors can decrease the accuracy of forecasts, one of them being the timeliness of the data used in the forecast. Businesses often rely on the data provided by external market forecasts, and the scope of this data only provides factors in data from a few months back. You might not be factoring in the latest information or numbers when forecasting. What are the implications, and what should you consider?

Nearly all markets in Central Europe recorded gains, contributing to the positive performance of the region, with Latvia seeing the highest increase (+86.9%).

The demand for electric vehicles is a given - the course seems clear for growth and is growing at a feverish pace.

The Bulgarian and Romanian market continue to see year-om-year growth with 35.2% and 24% increase in passenger car registrations respectively

Heavy vehicle registrations sees a dip in April, before an uptrend in May and June.

In April 2022, EU passenger car registrations continued to fall to 684,506 units.

Business forecasting has never been trouble free, and the current circumstances have made it harder than ever. Between 2006 and 2020, vehicle registrations followed a clear pattern, only slightly affected by the conjuncture.

In March, 24,088K heavy vehicles over 16T were registered in the EU, a seasonal upturn, stable compared to March 2021.

In March 2022, EU passenger car registrations continued to fall to 844,187 units.

The market dynamics of the used car market are not intuitively clear. Many different factors need to be considered and the effects could take different directions under certain conditions. In this article, we investigate the leading indicators driving used car sales in Germany.

In February, 19,69K heavy vehicles over 16T were registered in the EU, stable compared to February 2021. Good figures in the French, German and Spanish markets.

In February 2022, EU passenger car registrations increased by fell to a historic low level for this month with 719,465 units.

Finding what affects your markets is an arduous task. At Indicio, we have had discussions throughout the years with many industrial forecasters, supply chain managers, strategic planners, and one thing stuck out: the very common usage of correlation analysis to find relevant indicators.

Traditionally, organizations have depended on operational forecasting done by S&OP, and its bottom-up approach. Is there a better way?

In January, 20.956 new heavy vehicles over 16T were registered in the EU, an increase of 8% from January 2021.

In January 2022, EU passenger car registrations fell to a historic low level for this month with 682,596 units.

Identifying your leading indicators is a hard task, especially after shocks in the market, such as COVID. Learn how you can use Indicio to bridge the gap between user-friendliness and accuracy.

We uncover the new drivers of inflation post covid

We recently did a case study together with one of the major truck manufacturers on the number of registered commercial vehicles in Europe using the Indicio forecasting platform.

I often stumble across professionals working closely with the market which explains the dynamics and drivers of the market with a story.

We used Indicio to forecast heavy vehicle (16T+) registrations for 2022 ahead of the ACEA figures release on February, 24th.

We used Indicio to forecast passenger car sales for 2022 in the European Union and do not expect new car registrations to return to pre-pandemic levels this year.

Over the last few decades, structural changes have affected the drivers of inflation, from domestic factors on which central banks normally focus, such as wages, productivity and inflation expectations, to more global factors.

We used Indicio to forecast passenger car sales for 2022 in the European Union and do not expect new car registrations to return to pre-pandemic levels this year.

The US Bureau of Labor Statistics will release awaited November inflation statistics on December, 10th 2021. In October, US inflation exceeded expectations, with prices rising by 0.9% MOM (0.6% expected) from September.

Can you imagine efficiently improving your forecast accuracy by at least 40%? The first step to getting there is identifying the leading indicators specific to your organization.

Our previous article established that identifying your leading indicators is key to ensuring that you do not miss out on market trend shifts when they happen.