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Society demands more

Modern vehicles have become much more than just a means of getting from one place to the next. Through the use of technology, they're now more involved in our day to day lives than ever before. US automakers reported that almost 18 million units sold in 2018. An increase of around 8% compared to the previous year. It all boils down to one thing - manufacturers are making better vehicles. Competition has fueled new, innovative ideas that we could have only dreamed of in the past.

Yet, an increase in sales doesn't mean it's been easy. Automakers are struggling to turn a profit as society demands more and more. It’s not only shoppers that have raised standards - but it’s also the EPA. The Environmental Protective Agency sets the bar for how efficient a new vehicle needs to be. Mandates have grown stricter year over year. This forces manufacturers to search for new ways to remain in the green.

What direction is the industry now heading towards? You might have heard it mentioned, but the future points to self-driving cars. Let’s look at how this particular idea became one of the most talked about automotive topics on the planet.

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The Pioneers of the Auto Industry

Most of us know the story of Henry Ford and how he changed the industry by introducing the Model T back in 1908. The first, mass-produced vehicle that was available to the average person. This eventually led to the automotive industry becoming one of the largest in the world. The titans of today are no less innovative. Front-runners like Tesla and its founder Elon Musk - or Apple, currently led by Tim Cook. These are the names that have made the idea of an autonomous vehicle a real possibility. Other noteworthy names spearheading new technology include:

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The Tech That Paved the Way

Not too long ago, the idea of a self-driving vehicle was only something to fantasize about. Now, it’s a real possibility that’s not far from becoming a reality. Let’s look at a few modern vehicle features that have set the stage for the autonomous vehicle of tomorrow:

Note: Names are not brand specific

  • Lane-Keep Assist
    Uses front-facing cameras to read the lines on the road. It can either alert the driver of a line crossing, apply steering pressure, or both.

  • Adaptive Cruise-Control
    Uses front-facing cameras to gauge the distance of any vehicle in front. Can increase or decrease speed to compensate.

  • Brake-Assist
    Like Adaptive Cruise-Control, but can additionally apply brake pressure.

  • Automatic Parallel Parking
    Combines all above features (as well as several more). Locates and assists in securing a parallel parking spot.

automotive industry

Effects on the Auto Industry

As the industry becomes more and more automated, many dealers are struggling to keep up. Customers are finding new reasons to leave their vehicles in the driveway. Let’s look at a few reasons some are choosing to forego owning a car altogether:

  • Rideshare
    Popular services like Uber and Lyft have changed the way many people get around. Not only do they offer an affordable transportation alternative. But they also provide a source of revenue for anyone looking for extra income.

  • E-Scooters/Bikeshare
    The idea of everyone running errands on E-Scooters might sound odd, but it’s quickly becoming a thing. These new options are leaving many car shoppers to think again about buying a vehicle or not.

  • Groceries and Food Delivery

  • Food delivery options like Uber Eats and GrubHub are super popular and convenient. Not only can you have your meals delivered daily. But if you’re someone that prefers cooking, you can have your groceries delivered too.

automotive industry
Effects on the World

Now that technology is fully integrated into the way we go about our day, a lot of changes could be coming. Imagine a world where people don’t operate vehicles. Rideshare is a great way to earn extra income, but if humans are removed from the equation, many will lose that benefit? What other changes does the future hold? Another thing that has affected whether a vehicle is needed in day to day life is Freelancing and the ability to earn income online. Like the rest of us, the best you can do is to sit back, relax, and enjoy the ride.

Until then – there's
Until then – there's

As technology moves forward, so should you. - a 100% free and easy solution that’s proven to take the pressure out of the buying process. We connect buyers with reputable sellers. It's simple - create an account, specify the make, model, color, and year of the car you’re after, and dealers will compete to produce a competitive price. All from the comfort of your own home.

For more information on automotive technology and how it’s progressed over the years, check out our previous article here.