Analysis: Future of the American auto industryNEAL CONAN
The future of the automotive industry is here, with many of the top automotive industry trends relating to and reinforcing each other. Trend 1: Electrification of the automotive industry In response to customer demand and governmental mandates, auto manufacturers are increasing production of fully elec...
autonomous vehicles to navigate through stop-and-go traffic while maintaining a safe distance from other cars, could soon extend to other advanced AD functions.) Taken together, these factors could help the auto industry introduce more advanced autonomous features to a broad range of vehicles...
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And over the past 50 years, automobiles have continued to be our “freedom machines,” a means of both transportation and personal expression. Even so, as the industry recognized, the automobile is but one element of a mobility system—an element governed by extensive regulations, ...
04. Anthony Waelter, Kasey Lobaugh, Alisa Locricchio and Cole Oman, "Buying into better: the six forces shaping the future of the consumer industry," Deloitte Insights, January 27, 2023. 05. Prerna Lidhoo and Nidhi Singal, "How technology is transforming the auto industry," bt Business ...
The global automotive industry is on the cusp of a monumental transformation. Besides technological trends in the area of connected car, e-mobility, and autonomous driving, we can observe significantly changing customer preferences in terms of mobility usage and buying preferences. Hardly any...
Beginning with Henry Ford’s “Old Fashioned Layaway Plan” followed by the launch of General Motors Acceptance Corporation, the Certified Pre-Owned sleight of hand and today’s auto sales finance and reporting controversies all shaped the industry. Finance is one of many vectors which tie the sy...
to pursue careers in STEM industries. Not only does mentorship help introduce women to available opportunities, but it also helps retain and develop existing talent. In fact, 76% of women said they would choose to stay in the auto industry if they saw a clear path to their career ...
In line with our September 2022 overview of the mobility landscape, the auto insurance industry remains ripe for a fundamental overhaul given advances in autonomous-mobility technologies and the continuing US shift to “over the air” software updates that, in some cases, automatically ...