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technology upheaval in auto industry targeted in CES talk

referring to Ford Motor Co. used its hourlong keynote address Tuesday at CES to increase its cloud platform & autonomous capabilities, underscoring the technology revolution the vehicle industry is experiencing.
Jenny Fouracre puts pizza boxes into Ford’s self-driving delivery vehicle at CES, Tuesday, Jan. nine, 2018, in Las Vegas.
(Jae C. Hong/AP)Ford Motor Co. used its hourlong keynote address Tuesday at CES to increase its cloud platform & autonomous capabilities, underscoring the technology revolution the vehicle industry is experiencing.
The 4-day display going to feature roughly 400 exhibitors linked to the auto & auto technology industries.
Hackett used his keynote to call on developers to join the Ford unlock cloud platform.

Ford chief executive officerJim Hackett has the toughest job in the auto industry ahead of him

Ford chief executive officerJim Hackett is redesigning the Inc. to be a mobility suppliers to cities.
Job 1 is to change the perception which Ford is falling behind on the market-moving stories about the aftertime of the vehicle business: electric cars & self-driving cars .
His efforts enabled GM’s domination of the America auto market for decades.
Even under Fields, Ford recognized which information & services can yield fatter margins than the mass-market auto industry’s ten%.
Actually, before Fields became CEO, his predecessor Alan Mulally pioneered the vehicle business’ interest in CES as a Fresh-ideas showcase.
Ford CEO Jim Hackett has the toughest job in the auto industry ahead of himCES

Nobody in the auto industry is disappointed by 2017 America discounts

referring to 2017 auto discounts slipped from 2016’s record however continue came in above 17 mn in total.
The market can lose two mn in discounts in 2018 & continue be relatively solid.
The record years of 2015 & 2016, by well over 17 mn in total discounts, were not met or surpassed.
(& do not sale the influence which the Republican Party tax bill can have on summer discounts.)
Carmakers know what to do while discounts are major, & they know what to do while they aren’t.

COMMENT: The auto industry have to learn to purvey further while consumers are buying less

COMMENT: The auto industry have to learn to purvey further while consumers are buying lessWith OEMs & dealers having to work harder for every discount & prevent declining profit margins, on-line presents a massive opportunity writes Tony PattersonIn this on-line, Amazon-driven world, consumers Guesse to get a better deals at a click of a mouse, access insider data 24-seven & enjoy instant gratification from their buys.
however the method does this translate to large ticket buys in the automotive world?…
COMMENT: The auto industry must learn to sell more when consumers are buying less

The auto industry saw some large changes in 2017 — however electric cars & autonomous cars were only hype

Auto industry executives have been suffering fits of panic & excitation over large changes to the business.
Other carmakers saw large stock moves in 2017 as well: Fiat Chrysler Automobiles, GM, & Ferrari made moves.
In 5 years, it has released three cars: the Model S, Model X & Model three.
At the beginning of 2017, we started to hear serious discussion from the great automakers about a “structural” shift in the America vehicle market.
A few cars were kitted out by state-of-the-art tools, like the Tesla Model X by Autopilot & the Cadillac CT6 by Super Cruise.

collected by :Catlin Logan

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