World Auto Production Forecast
Below is a MRR and PLR article in category Vehicles -> subcategory Cars.
World Auto Production Forecast
Summary
Ready for a revolution in the automotive world? Change is on the horizon in car manufacturing, marketing, and sales. Here’s what the future might hold.Key Points
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Predicting the future is always a challenge, fraught with uncertainty and speculation. Despite this, automakers are tirelessly working to anticipate future consumer needs, emerging markets, and fuel availability. Here’s a glimpse into the possible future of global automotive production around 2015.
Consolidation
Major manufacturers like General Motors, Toyota, Ford, DaimlerChrysler, Peugeot/Nissan, Honda, Hyundai, and Volkswagen may acquire competitors, especially in growing markets. Don’t expect GM or Ford to disappear. Instead, they'll likely focus on boosting overseas profits. The impact of Chinese-made cars on local markets could drive several companies to merge to stay afloat. Additionally, expect low-cost Indian cars to enter the global market early in the next decade.Emerging Markets
China and India are today’s rising stars, but several African nations could become tomorrow’s markets if political stability improves. Central and South America will also likely experience robust growth.New Fuels
Hybrid technology may soon be overshadowed by hydrogen cars. Honda is leading the charge, with GM and Toyota close behind. Once hydrogen cars hit the market, expect an automotive revolution similar to the one sparked by the internal combustion engine. Governments will likely mandate access to hydrogen technology for all automakers.New Technology
Think green! Beyond hydrogen power, the materials used in car bodies are expected to change, incorporating lightweight composites to cut costs and reduce weight. Smart cars that anticipate crashes, prevent rollovers, and take control if the driver is incapacitated are on the horizon. Look for advancements in seating comfort, sound systems, lighting, and air management.New Transportation Models
While personal vehicles are here to stay, new models will emerge, especially in crowded urban areas. Expect to see three-wheeled cars, car/motorcycle hybrids, and vehicles that can connect in a train formation for certain markets.In the event of a global conflict, all these changes could be delayed. However, significant shifts in auto production are likely within the next few years. Are you ready for what’s next?
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