Nostalgic cars are created or updated with contemporary elements
Implications - Brands are leveraging the nostalgia associated with old classic cars and are either redesigning, or updating them with modern tech elements that bring those cars out of past decades and into this one. Whether converted to electric or made to be connected, these cars aim to function as the ideal balance between nostalgic design and contemporary standards. Modernized classic vehicles function as ideal purchases for Gen X and Boomer demographics, as these generations have both the income and the desire for a more familiar past as incentives.
Workshop Question - How can your brand leverage consumers' desire for familiarity, while balancing that with modern design or production standards?
Trend Themes
1. Nostalgic Modernization - The surging trend of modernizing nostalgic cars or recreating them using cutting-edge tech elements provides lucrative opportunities for brands to target Gen X and Boomer demographics.
2. Electric Classic Cars - As cities work toward zero-emissions goals, retrofitting classic cars to electric-powered offers a disruptive innovation opportunity.
3. Connected Car Accessories - Developing connected car accessories that enable standard vehicles to transform into connected cars drastically changes the car ownership experience.
Industry Implications
1. Automotive Industry - The automotive industry must constantly explore the market to understand how to match the growing demand for nostalgia and modernization with current and future industry trends.
2. Technology Industry - Tech industries have the potential to assist in retrofitting classic cars or recreate cars using the latest technology and innovative components.
3. Consumer Electronics Industry - With the potential of turning standard cars into connected cars, consumer electronics industries can create new accessories that enhance the customer's on-the-road experience.
6 Featured, 53 Examples:
235,233 Total Clicks
Date Range:
Jul 17 — Oct 17
Trending:
Warm
Consumer Insight Topics:
