Solera Holdings Inc., a global provider of data and software for automotive, home ownership and digital identity management, announced that it has more than doubled its import and export vehicle data coverage from 45 percent to more than 95 percent of all cars on Chinese roads. According to Solera, the company’s comprehensive profile of more than 166 million vehicles in China marks an unprecedented milestone in the aggregation and normalization of automotive data for the largest car market in the world.
The expanded scope of Solera’s database of Chinese vehicles now includes:
- More than 100 unique car manufacturers
- More than 1,000 vehicle models and 9,000 sub-models
- More than 150,000 vehicle option configurations
- 1.5 million unique inventory parts
- 800,000 unique vehicle parts graphics
The increased coverage also enables the accelerated proliferation of Solera’s expansive products and services for automotive lifecycle management throughout China.
Solera first introduced its global data capabilities in the Chinese market when it constructed the Solera Data Development Center in Beijing in 2008. In December 2015, Solera expanded its investment by opening CESVICHINA, China’s first automotive insurance research center concentrated on driving technology-focused innovation to advance the country’s automotive insurance infrastructure.
“Since entering the Chinese market, we have been on a mission to facilitate mutually-beneficial partnerships among all vehicle industry participants while leveraging Solera’s global expertise in innovative data and software systems,” said Tony Aquila, the founder, chairman and CEO of Solera. “This substantial increase in aggregated data allows us to create smarter, safer and more advanced practices and standards for the Chinese automotive industry by driving knowledge and transparency across all 54 transactions in a vehicle’s lifecycle.”