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Emerging Trends That Are Shaping The Automotive Industry

Emerging Trends That Are Shaping The Automotive Industry

It's always interesting to see what the future holds for us, and it seems like every day, a new trend emerges. The automotive industry is quickly evolving, and it can be hard to keep up with all of the latest trends. There are always new advances being made, and these changes will inevitably shape the future of cars as we know them today.

In this blog post, you'll learn about some key emerging trends in the automotive industry - including autonomous driving technology, increasing online sales - so you can stay on top of what's happening now and avoid getting left behind.

Self-Driving Cars

Self-driving cars are not new, but they are becoming more and more common. Autonomous vehicles are already hitting the road. There has been a growing number of companies developing self-driving cars over the last decade. Autonomous technology brings together several technologies for automation and communication between machines to create a system where one vehicle can operate automatically without human input. In the future, self-driving will be a standard feature in every car.

More and More People are Purchasing Vehicles Online

In 2020, the automotive industry saw a 28% increase in online car sales. It went from less than 2% sales to around 30% sales online. This shift in consumer behavior is due to several factors:

  • When purchasing a car online, it can be done at your convenience. You do not need to go anywhere or talk with anyone because the entire process takes place over the internet, and you are emailed all of the information you need when you finish the purchase.
  • The second reason why people prefer buying online is that it saves time. Going to a dealership can be frustrating, so this option allows consumers to compare prices before making a purchase decision.

Truck Platooning

Truck platooning is a new form of automated vehicle technology that allows multiple trucks to travel together in a convoy with as little as 15 meters between them. This helps cut down on fuel use and emissions since the lead truck's brakes, steering wheel, and gas pedal control all the other vehicles behind it, reducing these costs by up to 20%.

More Connected Cars

One significant trend that is shaping the automotive industry is connected cars. These days, all modern car manufacturers offer connectivity through either an embedded modem or smartphone integration via Bluetooth or Wi-Fi hotspot. This is expected to explode in the coming years, with an estimated 250 million connected vehicles on roads worldwide in a few years. This is all thanks to faster wireless connectivity and cheaper hardware costs. .

The automotive industry is changing. These changes are not just occurring within the car itself, but also in how people interact with their cars and each other on the roadways. If you want to know more about what's happening now or if you are looking for a certified pre-owned vehicle, stop by Feldman CJDR of Woodhaven, serving Southgate, MI. We are sure to have a terrific deal for you in our inventory of certified pre-owned vehicles. Visit us today and discover why we are one of the top dealerships around!

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