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Posts Tagged ‘Autonomous vehicle sales’

Ford Will Offer Driverless Tech to Consumers by 2025

Fields believes costs will drop as scale increases.

by on Sep.12, 2016

Ford CEO Mark Fields detailed the company's plans for driverless vehicle technology.

Ford Motor Co. hopes to begin selling fully driverless vehicles to consumers by 2025, CEO Mark Fields says, about four years after the automaker begins marketing the technology to ride-sharing and delivery fleets.

Ford recently turned the auto industry’s conventional wisdom on its head by saying it plans to go beyond basic autonomous technology — which would require a trained “operator” ready to take control in the event of an emergency. Instead, Ford wants to take the driver out of the picture entirely.

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“We believe the next decade will be defined by the development of autonomous vehicles,” CEO Fields said during a conference Ford is sponsoring this week looking at future trends. (more…)

Three of Four Drivers Want Autonomous Vehicles

AlixPartners believes autonomous vehicles will save $325 billion.

by on Jun.30, 2016

Google continues to expand its ongoing testing program for self-driving vehicles and its recognition as the leading autonomous vehicle company in the U.S.

As many as 73% of American drivers are willing to slide behind the wheel, or big red button, of an autonomous vehicle, according to a new survey by AlixPartners, marking a significant uptick in the level of acceptance of the self-drivers.

Not only are more U.S. motorists ready, they’re willing to pay for it. In fact, 80% of those surveyed said they’d pay more for one. In fact, 10% claimed they would shell out an additional $5,000 for a self-driving vehicle that they would use in all facets of their lives.

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On the surface, this level of acceptance appears to be a striking shift in attitudes about level of trust drivers are willing to place in autonomous vehicles, despite the fact that 96% of drivers surveyed have no experience with these vehicles. However, Mark Wakefield, head of AlixPartners automotive practice, noted that difference was in the questions. He noted that as part of the process, the respondents were given specifics about autonomous vehicles and then asked questions about that information. (more…)

Autonomous Vehicles Could Lead to Sharp Slump in Car Sales

Levels could drop below Great Recession numbers, analyst predicts.

by on May.20, 2015

If sales of autonomous vehicles, like Google's, take off, it could have a significant impact on new vehicle sales.

Sometime next year, General Motors will introduce the SuperDrive system on the new Cadillac CT6 sedan. Capable of hands-free freeway motoring, it will help usher in an era of autonomous driving that proponents – including GM – believe will revolutionize the transportation industry.

But a new study warns that not all the changes to come will be good for GM and other automakers. Titled “Disruptive Mobility,” and produced by Brian Johnson, a Barclays automotive analyst, it warns that self-driving vehicles could lead to a sharp drop in U.S. car sales in the years ahead.

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Over the next 25 years, as autonomous vehicles become the norm, rather than the exception, the study predicts U.S. car sales will drop from nearly 17 million this year to perhaps 9.5 million. That’s even lower than what the industry experienced during the depths of the Great Recession. (more…)