While it goes in a different direction than the auto industry’s traditional go-it-alone approach of vertical integration years ago, today’s world demands that auto companies collaborate in areas outside their space and seek ways to make new profits from disrupting trends.
2020 will see a flurry of new autonomous functionality appearing in almost every new car. Autonomous capabilities like self-parking and adaptive cruise control will be available from virtually every auto OEM in new vehicles. This movement is unstoppable and, while driverless cars themselves won’t populate the road in 2019, the direction seems clear. Tesla and Google are also making inroads into producing road-legal driverless cars.
Almost a decade has passed since the debut of the Spyder 918 concept in Geneva back in 2010. But it was not just until recently that the official price surfaced: $845,000. And as most know this is not the true price seeing as how a massive list of optional equipment will likely push this guy […]
Audi has started a thunder race of sorts,or perhaps better thought of as a mind race, as it competes with arch names Benz and Bimmer for the luxury car of top-selling brand by 2020.
3D printing will begin to appear in other areas, such as basic car construction done by mainstream carmakers and new players like Local Motors, a low-volume manufacturer of open-source vehicles. After all, 3D printing makes it cost-effective to build things, challenging today’s fundamental approach to car design.
Augmented reality will assist driver safety and impact areas from designing to repair. While virtual reality creates a simulated world, augmented reality adds specific, created elements to the real world via technology.
The cat-and-mouse game that defines existing vehicle security features could use an overhaul and the recent resurgence in artificial intelligence technologies is just the thing to deliver it. Today, the networks on wheels that are modern cars use anti-virus and other common software security technologies that identify known threats and try to quarantine some of the unknown ones. But this isn’t ideal in a dynamic area where new threats continually pop up.
Blockchain technology, the foundational infrastructure of the cryptocurrency Bitcoin, is a timestamped ledger of transactions distributed over a network of computers. If each auto part were assigned a unique code, blockchain would enable auto manufacturers to track each step of the production and transportation process through a secure database updated by suppliers in real time.
Donald Trump has pledged to revitalize the mainly white working class that elevated him, a tough task given an aging U.S. workforce, dwindling options for people with little education and years of stagnant pay. Trump has said he’d slash taxes, strong-arm U.S. trading partners, end commitments to environmental rules and make it easier to drill for oil.
Women make up about 47 percent of the labor force, but only 24 percent of the automotive workforce. They represent an untapped and underutilized resource capable of helping automotive companies take a competitive advantage, and it is concerning that we are not doing all we can to recruit, retain, and advance this remarkable group of professionals.