THE FUTURE AUTOMOTIVE WORLD WILL BE DIFFERENT
The automotive world is changing rapidly, presenting a great challenge to the industry and indeed to society. The changes:
•The downward economic spiral fueled by the credit crunch, lack of consumer confidence and rising unemployment threatens the viability of the big three US car manufacturers and many non-US manufacturers as well.
•New governmental economic initiatives focused on alternative fuels and energy independence will strongly tilt the playing field in the near and long term.
•New manufacturers from India and China expand worldwide. Start-up manufacturers market alternative vehicles.
•New consumer attitudes emerge in reaction to energy concerns, global warming, lifestyle choices, increasing urbanization, fuel prices and geo-political developments.
•Fuel prices and political instabilities continue to be major political, socio-economic and environmental concerns, harming sales of large cars and SUVs.
•New technologies and drivetrains emerge such as lane-departure, self-parking, internet connectivity, intricate powertrain controls, hybrid drive, electric drive and even robotic cars.
•Alternative fuels increase as energy companies, new ventures, governments, NGOs and auto manufacturers negotiate in an ongoing process.
•Geo-political developments such as the rise of Asia, India and the developing world compound the weakening of the US economic position and alter the business and political climates strongly.
•Global-warming concerns become pervasive resulting in myriads of governmental regulations and proposals on city, state, national and international levels.
•New vehicle concepts appear with different body styles, alternative drivetrains or specific transportation purposes, from both existing and start-up manufacturers.
•New urban planning expands to alleviate traffic congestion and pollution, with congestion pricing, urban renewal and even “designer cities”.
•New ownership and distribution concepts with chain stores, major retail brands, rental, time sharing or short-term leasing are being explored as lifestyles and transportation needs change.
TRANSFORMING CHALLENGES INTO OPPORTUNITY
The Auto Futures Group focuses on transforming this challenge into opportunity by supporting:
•development of future-oriented automotive business
•re-alignment of existing automotive business
•evaluation of business potential and investment
•creation of appropriate public policy
For more information, see our services . . . .
We can help organizations meet these challenges and achieve better performance. Contact us for a conversation, we will introduce you to our team and help you plan which steps would be appropriate for your organization's agility and success. How to contact us . . . . .
News Videos:
SEMA - How the Downturn affects Suppliers:
- Goodyear
- Yokohama
- Brabus
- TechArt
NY Auto Show:
- Milner Motors - ElectriCar and AirCar
Advertising Age:
Worried Buyers Hit the Brakes on Ultra-Luxury Car Purchases
Washington Times:
As fuel prices rise, drivers consider market options
Links:
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