Analyzing the Online Reviews to Explore Recent Trends of the U.S. Automotive Industry by Latent Dirichlet Allocation Method

Te Yu Liao, Yu Chih Kao, Ming Shien Cheng, Ping Yu Hsu

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

This study selects the U.S. automotive industry as the research subject to explore the recent trends in automotive development. Since the analysis was based on the content of reviews, a topic model for textual analysis is chosen as the methodology, with Latent Dirichlet Allocation (LDA) being the most representative topic model. A total of 7,492 online reviews of the U.S. automotive industry from the years 2020, 2021, and 2022 were collected. These data were then preprocessed to prepare them for input into the pre-set LDA model. The results of this study are as follows. In the market analysis, driving experience, comfort, interior, gas mileage, and other words for all years correlate with price/performance rankings in the U.S. automotive media. Based on the analysis of the 2020 Truck and SUV, the 2021 and 2022 SUV and Hybrid models, as well as the sales data of Tesla electric vehicles in 2022, a growing trend of Hybrid and pure electric vehicles could observe.

Original languageEnglish
Title of host publicationAdvances in Swarm Intelligence - 15th International Conference on Swarm Intelligence, ICSI 2024, Proceedings
EditorsYing Tan, Yuhui Shi
PublisherSpringer Science and Business Media Deutschland GmbH
Pages437-448
Number of pages12
ISBN (Print)9789819771837
DOIs
StatePublished - 2024
Event15th International Conference on Swarm Intelligence, ICSI 2024 - Xining, China
Duration: 23 Aug 202426 Aug 2024

Publication series

NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume14789 LNCS
ISSN (Print)0302-9743
ISSN (Electronic)1611-3349

Conference

Conference15th International Conference on Swarm Intelligence, ICSI 2024
Country/TerritoryChina
CityXining
Period23/08/2426/08/24

Keywords

  • Automotive Industry Trends
  • Latent Dirichlet Allocation
  • Online Review
  • Text Mining

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