The Auto industry is undergoing accelerated change
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(Total Views: 357)
Posted On: 11/27/2018 2:26:43 PM
The Auto industry is undergoing accelerated change IMO. While GM focuses on today's profitable SUVs, other new companies are investing in new batteries, hybrid and EV engines, and other power enhancements making driving safe and more economical. Large companies are slower to change, much less nimble.
I don't trust oil prices to stay down because they are affected by politics. World crises raise prices. I remember the alternate odd/even license plate long fillup lines in 1970's. There is always cycling from compact fuel efficient cars to luxurious large vans and SUVs and back again. I guess it sells cars to switch them up every few years. The next phase will bring back the emphasis on fuel economy, and companies you haven't heard of will be the leading companies five years from now as today's companies fade into oblivion. We all have to learn to embrace change. But us older guys may be too old to change, and I still say, "I'll give you my steering wheel when you can pry it from my cold, dead hands"
I don't trust oil prices to stay down because they are affected by politics. World crises raise prices. I remember the alternate odd/even license plate long fillup lines in 1970's. There is always cycling from compact fuel efficient cars to luxurious large vans and SUVs and back again. I guess it sells cars to switch them up every few years. The next phase will bring back the emphasis on fuel economy, and companies you haven't heard of will be the leading companies five years from now as today's companies fade into oblivion. We all have to learn to embrace change. But us older guys may be too old to change, and I still say, "I'll give you my steering wheel when you can pry it from my cold, dead hands"
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