Wednesday, October 6, 2010

Future of the Automotive Industry

The future of the automotive industry lies within the smaller cars. Most companies are starting to expand their markets into other counties and they are introducing smaller cars. The future lies within the compact cars because the global market calls for more fuel efficient cars so that people can save money on gas. Most people are looking to "go green" and help the planet and their walets at the same time.

I think that the future of the automotive industry is looking very positive. With expansion into new countries and the new hybrid technology there will be tons of revenue pouring into the industry. The demand for new fuel efficient cars is very high and most of the car companies are taking advantage of it. The future will only bring more of that.

1 comment:

  1. I agree that the Auto Industry is moving forward in a positive manner. However, in the US it is sad to see that just in the past few years US cars have started to produce more fuel efficient and environmentally friendly cars. Overseas in Europe and Asia, smaller cars have been the more popular preferred cars. Why has it taken so long for the US to catch on to this trend? In the future will the US start their own trends or just follow those of other countries?

    Patrick

    ReplyDelete