Data analysts JATO Dynamics and LMC Automotive have formed a partnership that will provide market insight to clients across the automotive sector.
The companies aim to power planning and decision making for their clients, through pooling their combined intelligence. The first joint product is Global Light Vehicle Sales Forecast, which is updated monthly and offers monthly forecasts over a seven year cycle.
JATO has expertise in supplying and analysing historical sales and registrations data, while LMC has expertise in automotive forecasting for vehicle sales, production and powertrain.
Chief executive at JATO, Andy Rothery, said: “We are delighted to partner with such a highly regarded business as LMC Automotive to deliver the first forecast solution in JATO’s portfolio. The Global Light Vehicle Sales Forecast is the latest example of our continued investment in working with like-minded businesses that share our fundamental business ethics of customer focus and delivering the best quality in all that we do.”
Pete Kelly, managing director of LMC Automotive, added: “The new partnership gives us the opportunity to build on the strengths of both companies bringing together highly complementary activities. This is a major step in the growth of our organisations but, more importantly, it will lead to new services and offerings to clients.”