The Evolving Future of the Automobile Industry

With GM and Chrysler emerging from bankruptcy, and even Toyota showing historically huge losses, it’s tempting to write off the automobile industry as a relic of a bygone era. On the other hand, we’re standing at the beginning of a new era in which the number of consumers who can afford automobiles will soon be several times historic levels. As the Trends editors have long forecast, new technologies are emerging to make clean, efficient, and ultra-cheap automobiles available to an entirely new consumer base. What are the implications? What are the opportunitie.....