Google is teaming up with car manufacturers including Audi, Honda and Hyundai to integrate its Android operating system into their dashboards. The main encouraging factors for the success story of the car market in India are the increase in the opportunity for new investments, the rise in the GDP rate, the growing per capita income, massive population, and high ownership capacity. Chinese brands will have to spend a significant amount of time garnering consumer confidence before they become as popular as well known international car makers. Basically, the threat of substitute is reasonably low in the car rental industry since the effects the substitute products have do not pose a significant threat of profit erosion throughout the industry. The car has plenty of buzz and showed up on Top Gear, a show that tests out supercars like the Tesla Roadster. Basically, the emergence of most of the industry leaders into the leisure market not only drives rivalry, but also it varies directly with the level of complexity of entering the car rental industry.
While the technology for manufacture of cars can be said to have existed right from the time Prometheus stole fire or the wheel was (serendipitous) discovered, it is not until the second half of the19th century, when the industrial revolution truly picks up steam, so to speak, that cars start getting built.
Some familiar titans from the mobile world, like Qualcomm and Samsung, are moving into the car industry, providing the graphical interfaces behind the advanced vision systems requisite for autonomous driving. Dodge has been among the leaders in truck manufacturing since the start of its history.
At the end of the day, the government wants to see the domestic car industry succeed, but many of the Chinese companies depend on successful foreign joint ventures to contribute to their profitability and they wonʼt do anything to harm those companies, because that would ultimately harm the whole industry,” says Russo.
In the future, Cook continued, autonomous driving becomes much more important.” The comments stoked the fervor around Apple’s heavily shrouded car plans Many in the industry assume that Apple is developing electric vehicles that will drive themselves, pitting the company against Google, Tesla, Uber and the bulk of automakers that have autonomous cars on the road or are scrambling to get them there.