"The ugly truth is... We need to cut in half our production of automobiles," consultant Gabe Klein says during a CAR MBS panel session focused on smart cities.
The U.S. light-vehicle forecast for 2021 is now about 16.5 million units - down from 17 million - says LMC Automotive' s Jeff Schuster at this week's CAR Management Briefing Seminars in Traverse City, MI.
The Detroit Smart Parking Lab's open innovation platform will offer multiple ways for mobility organizations to use the facility independently, work together with founding members on a specific project or apply for grand projects.
Manufacturing vehicles is a tough business, leaving financial-sector experts debating who is best situated to win in the battery-electric-vehicle market. But all agree a lot of money will be required if the industry is to hit aggressive long-term sales targets.
The cockpit combines multiple consumer-friendly technologies into one seamless user interface that enhances in-vehicle entertainment, comfort, convenience and safety, Mitsubishi Electric says.
For the week of July 26, Nissan breaks out of its second-place position to take the lead. Jeep’s “Wildly Civilized” spot is third for the week after several weeks atop the ranking.
