Question

How will the global auto market look in ten years?

How big will Tesla be compared to GM, Ford, and Fiat Chrysler, for instance?

please include resources.

Answer 1

If we talk about the future, then it will be going to be a technology-based future. After ten years, there will be much up-gradation in technology, which will help the automobile companies achieve their organizational objectives effectively and efficiently. The automobile industry's main motive is to remove the pollution coming out from the vehicles, and for that, many companies have started working on it by launching electric cars into the market. Tesla is that company producing electric cars, which do not release pollution and are environment-friendly cars. The companies are working on the digitalization concept, which will be easy for humans.

In the future, when Tesla will be compared with other car manufacturing companies, we will see that Tesla will be on the top after ten years, as currently, they are producing electric cars that do not run on oil. They are well aware of the future needs and demands. The future will surely be digitalized and technology-based in the field of automobiles industry. Every car manufacturing company will develop some new technology, which will help them fulfill their customer's needs and desires effectively and efficiently.

Topic: 5 Trends shaping the future of Automative industry

By: Ali Halit Diker