tag:blogger.com,1999:blog-2992740250270600844.post901707894718456832..comments2024-03-18T16:33:07.210-07:00Comments on Advancing Time: Automakers Face Ugly And Bumpy Road Full Of Potholes!Bruce Wildshttp://www.blogger.com/profile/10181323607060607040noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2992740250270600844.post-63064322525566883562018-03-06T04:46:26.862-08:002018-03-06T04:46:26.862-08:00Thanks for the comment. Your thoughts seem to unde...Thanks for the comment. Your thoughts seem to underline the idea automakers do indeed face a difficult future. Bruce Wildshttps://www.blogger.com/profile/10181323607060607040noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-4290495904416501092018-03-05T15:59:46.186-08:002018-03-05T15:59:46.186-08:00The author might like to look at large urban cente...The author might like to look at large urban centers' where car ownership may move to an 'option' choice and not a necessity condition. Second, younger people are far more likely to move to 'car swap' initiatives - Lyft etc. - given the chance. The auto makers themselves are worried about autononomous driving, which if coupled with a Lyft or Uber-type of monetization model, the citizen may not even wish to own the car at all! There are too many car companies in the world, and not enough citizens wanting to own overly -lengthly financial agreements to pay for a highly depreciating asset. Bottom line: the industry, as traditionally configured and operated, is a figament of our imagination. i.e. It won't exist in less than a decade, surprise? surprise?James (Jim) Carterhttps://www.blogger.com/profile/15120793096968465889noreply@blogger.com