The Future of Automotive Retailing
Car buyers in the U.S. want more control over the purchase process, and they want to use mobility and connectivity apps on their smartphones to get it, says Hanno Lorenzl, EY Americas Automotive Retail Leader.
Lorenzl says tomorrow’s shoppers will arrive at a dealership with their research done and minds made up about what to buy. He predicts the dealer’s role will shift to supporting the customer over the lifecycle of vehicle ownership, including such options to traditional ownership as car sharing.
GM engineers create a better electrical architecture that can handle the ever-increasing needs of vehicle systems
China car-sharing giant DiDi Chuxing plans to invest $1 billion into its new Xiaoju Automobile Solutions business.
Toyota Motor Corp. is encouraging employees at its research and development center near Ann Arbor, Mich., to participate in an on-going program there to test connected vehicle technologies.