Auto Makers Threatened By Both Tech Company Autos And Ridesharing

An anonymous reader quotes Car and Driver:
For automakers, the first bit of bad news is that people seem quite receptive to buying a vehicle from a tech brand such as Apple or Google, according to Capgemini’s 17th Cars Online report, which surveyed some 8000 consumers in eight countries… Consumer interest in buying cars from tech brands has grown from 49 percent in its 2015 study to 57 percent in the latest report… There is also the growing popularity of ride-sharing services offered by the likes of Uber and Lyft. Fewer people will feel the need to have their own car if it’s easy and inexpensive to order up a cab on their smartphones. Capgemini’s survey found that 34 percent of car buyers see ride sharing and related services as a genuine alternative to owning a vehicle.


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