Five trends that trigger the over potential changes in Global Automotive Industry

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Five trends that trigger the over potential changes in Global Automotive Industry -

The Frankfurt Motor Show which was concluded recently, was a revelation for lovers car owners, investors and that pious drivers. It was mainly dominated by luxury car manufacturers offer technologies never been implemented before. Mercedes Benz for example, with its IAA S-Class promises to be able to offer more efficiency than the driver accelerates by reconfiguring its aerodynamically body.

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The first trend that guarantees will change the trend is driverless cars or also known as autonomous vehicles. When it is launched for public use, it will change a lot of the insurance industries in the electronics sector. This includes automotive service companies, taxi, car rental industries, delivery services business parcel as well as the change in diet and logistics operations. In addition to this path, parking and infrastructure will also be amended.

The second trend is the energy source that powers the cars. Instead of using fossil fuels, cars moving renewable energy that can be even be able to produce their own energy. In this way, it could actually help create a greener environment. The technology is known as (V2G) technology grate vehicles. Car owners just need to connect the grid of electric vehicles to recharge the vehicles. In addition, they also able to download power to the grid whenever there is a high demand for it and actually get paid for it, which is pretty cool.

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Another trend is that the cars mechanical parts are replaced by computerization. More sophisticated electronic equipment will be installed in the car and will be implemented with software that can be all the way to artificial intelligence (AI). Google is already working on something that can assess the diagnosis of your car, fix via software updates, and send you to the store nearby mechanic emergency.

In addition to the good things that will happen, so do not rule out the possibility of manufacturers lose control. With the example of GM regulation of the ignition switch that left unhappy public, at the latest, the Volkswagen cheating case where an algorithm was developed to detect if the vehicle is about to undergo a test issue and applied certain parameters so that it can pass the test, it is certainly going to change the regulation of the automobile industry. This of course, is to ensure the safety of all road users.

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The last but not the least tendency to the Agreement between the United States and Japan to eliminate tariffs on cars and Japanese parts made in connection Trans-Pacific Partnership (TPP) agreement, it will make cars and Japanese parts is much cheaper than neighboring American countries such as Canada or Mexico. Apparently, the United States did not consult the Canada or Mexico before the agreement and, therefore, it would re-negotiation on this.

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