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Cited by Business Week as one of 1984's ten best books on business and economics, The Future of the Automobile is the most comprehensive assessment ever conducted of the world's largest industry.
Analysing developments in digital technologies and institutional changes, this book provides an overview of the current frenetic state of transformation within the global automobile industry. An ongoing transition brought about by the relocation of marketing, design and production centres to emerging economies, and experimentation with new mobility systems such as electrical, autonomous vehicles, this process poses the question as to how original equipment manufacturers (OEMs) and newcomers can remain competitive and ensure sustainability. With contributions from specialists in the automobile sector, this collection examines the shifts in power and geographical location occurring in the industry, and outlines the key role that public policy has in generating innovation in entrepreneurial states. Offering useful insights into the challenges facing emerging economies in their attempts to grow within the automobile industry, this book will provide valuable reading for those researching internationalization and emerging markets, business strategy and more specifically, the automotive industry.
At its peak in the 1950s and 1960s, automobile manufacturing was the largest, most profitable industry in the United States and residents of industry hubs like Detroit and Flint, Michigan had some of the highest incomes in the country. Over the last half-century, the industry has declined, and American automakers now struggle to stay profitable. How did the most prosperous industry in the richest country in the world crash and burn? In Wrecked, sociologists Joshua Murray and Michael Schwartz offer an unprecedented historical-sociological analysis of the downfall of the auto industry. Through an in-depth examination of labor relations and the production processes of automakers in the U.S. and Japan both before and after World War II, they demonstrate that the decline of the American manufacturers was the unintended consequence of their attempts to weaken the bargaining power of their unions. Today Japanese and many European automakers produce higher quality cars at lower cost than their American counterparts thanks to a flexible form of production characterized by long-term sole suppliers, assembly and supply plants located near each other, and just-in-time delivery of raw materials. While this style of production was, in fact, pioneered in the U.S. prior to World War II, in the years after the war, American automakers deliberately dismantled this system. As Murray and Schwartz show, flexible production accelerated innovation but also facilitated workers’ efforts to unionize plants and carry out work stoppages. To reduce the efficacy of strikes and combat the labor militancy that flourished between the Depression and the postwar period, the industry dispersed production across the nation, began maintaining large stockpiles of inventory, and eliminated single sourcing. While this restructuring of production did ultimately reduce workers’ leverage, it also decreased production efficiency and innovation. The U.S. auto industry has struggled ever since to compete with foreign automakers, and formerly thriving motor cities have suffered the consequences of mass deindustrialization. Murray and Schwartz argue that new business models that reinstate flexible production and prioritize innovation rather than cheap labor could stem the outsourcing of jobs and help revive the auto industry. By clarifying the historical relationships between production processes, organized labor, and industrial innovation, Wrecked provides new insights into the inner workings and decline of the U.S. auto industry.
This essay sheds light on the future of the automotive industry, identifies the types of cars of the future, and elucidates why gasoline powered vehicles do not warrant the cost. Moreover, why plug-in hybrid electric vehicles are the utmost best type of vehicles is delineated, why electric vehicles do not warrant the cost is explicated and the myriad of problems associated with buying an electric vehicle are demystified in this essay. Furthermore, the criteria for how to determine if purchasing a car is worth the investment is revealed and how to earn substantial money online so that you can afford to finance your vehicle purchase is expounded upon in this essay. The future of the automotive industry will usher in unprecedented changes that will profoundly revolutionize the automotive industry. In other words, the upcoming changes to the automotive industry will be commensurate with the automotive technological advancements in the digital era that will reshape the driving experience. It stands to preponderantly reason that in the coming decades fully autonomous vehicles will be available for personal transportation uses on the global vehicle market. This revolutionary change will allow vehicle owners to work enroute to their destinations. Moreover, there will no longer be a need for human drivers, thus displacing more workforce participants. Customer demand in the ride sharing economy will also grow as the cost disparity between vehicle ownership and accessing ride sharing services further narrows due to the elimination of the human driver and unprecedented technological advancements to vehicles that render ride sharing services ever more affordable to procure. "Overall global car sales will continue to grow, but the annual growth rate is expected to drop from the 3.6 percent over the last five years to around 2 percent by 2030. This drop will be largely driven by macroeconomic factors and the rise of new mobility services such as car sharing and e-hailing" (Gao, Kaas, Mohr, & Wee, 2016) services. It also stands to reason that companies that offer ride sharing services will help drive automobile sales in the coming decades as they increase their fleets of autonomous vehicles. "A detailed analysis suggests that dense areas with a large, established vehicle base are fertile ground for these new mobility services, and many cities and suburbs of Europe and North America fit this profile. New mobility services may result in a decline of private-vehicle sales, but this decline is likely to be offset by increased sales in shared vehicles that need to be replaced more often due to higher utilization and related wear and tear" (Gao, Kaas, Mohr, & Wee, 2016). Autonomous vehicles will still offer tremendous utility to city dwellers in the coming years as most cities egregiously fail to satisfy public transportation needs and abstain from future-proofing their eroding transportation infrastructure. It is projected that almost 70% of the global "population will reside in urban areas by 2050" ("UN: 68 percent,"). This migration to urban areas will render car ownership all the more unappealing. While paying to utilize public transportation systems and ride sharing services can be expensive, it may culminates in being far less expensive than paying for monthly car loan payments, monthly parking fees, vehicle registration fees, high auto insurance rates, and high maintenance repair costs. Vehicles profusely depreciates each and every year at the car owner's expense and can be very expensive to procure, maintain, retain, and operate. Even though most public transportation systems are not modernized nor streamlined to satisfy growing public transportation needs, they at least help curb the city dweller's need for vehicle ownership. It stands to therefore reason that the annual growth rate of vehicle sales will be preordained to decline in the coming decades as more and more customers live in cities and do not experience the need to own cars.
A call to redefine mobility so that it is connected, heterogeneous, intelligent, and personalized, as well as sustainable, adaptable, and city-friendly. The twentieth century was the century of the automobile; the twenty-first will see mobility dramatically re-envisioned. Automobiles altered cityscapes, boosted economies, and made personal mobility efficient and convenient for many. We had a century-long love affair with the car. But today, people are more attached to their smartphones than their cars. Cars are not always the quickest mode of travel in cities; and emissions from the rapidly growing number of cars threaten the planet. This book, by three experts from industry and academia, envisions a new world of mobility that is connected, heterogeneous, intelligent, and personalized (the CHIP architecture). The authors describe the changes that are coming. City administrators are shifting from designing cities for cars to designing cities for people. Nations and cities will increasingly employ targeted user fees and offer subsidies to nudge consumers toward more sustainable modes. The sharing economy is coaxing many consumers to shift from being owners of assets to being users of services. The auto industry is responding with connected cars that double as virtual travel assistants and by introducing autonomous driving. The CHIP architecture embodies an integrated, multimode mobility system that builds on ubiquitous connectivity, electrified and autonomous vehicles, and a marketplace open to innovation and entrepreneurship. Consumers will exercise choice on the basis of user experience and efficiency, aided by “intelligent advisors,” accessible through their mobile devices. An innovative mobility architecture reconfigured for this century is a social and economic necessity; this book charts a course for achieving it.
Electric Vehicles: Prospects and Challenges looks at recent design methodologies and technological advancements in electric vehicles and the integration of electric vehicles in the smart grid environment, comprehensively covering the fundamentals, theory and design, recent developments and technical issues involved with electric vehicles. Considering the prospects, challenges and policy status of specific regions and vehicle deployment, the global case study references make this book useful for academics and researchers in all engineering and sustainable transport areas. Presents a systematic and integrated reference on the essentials of theory and design of electric vehicle technologies Provides a comprehensive look at the research and development involved in the use of electric vehicle technologies Includes global case studies from leading EV regions, including Nordic and European countries China and India