The rapid adoption of technologies is driving significant changes in the automotive industry. Connectivity reshapes business models, creating opportunities such as connectivity subscription plans and data monetization. However, the literature on connected cars is still in its early stages, particularly concerning the transition to digital business models and servitization. There are significant gaps in knowledge about business models for connected cars, including the lack of a comprehensive review that considers technological innovations and advances in the services sector. Moreover, there is a lack of structural analysis identifying the critical success factors for these models. In light of this, this study aims to identify critical success factors for value creation, delivery, and capture in business models for connected cars. To this end, a systematic literature review was conducted, where 46 articles, reviews, or reports were analyzed and coded. The results present 16 critical success factors for value creation, 10 for value delivery, and 6 for value capture. For value creation, this work highlights the importance of resources such as digitalization, blockchain, and artificial intelligence, etc. Concerning value delivery, it emphasizes the need for close customer relationships and service personalization. For value capture, it calls attention to the necessity to develop attractive cost structures, flexible payment methods, and investment in the monetization of data generated by connected vehicles. With the identification of critical success factors, practical guidance is provided for automakers and researchers to understand the challenges and opportunities associated with business models for connected cars.