Top 5 Trends to Watch in the Automotive Industry in 2018

The automotive industry has changed rapidly over the years. With the inclusion of technology and gadgets, you can expect these changes to continue. What does 2018 have in store for us on the automotive front? Wait for it.

  • Electric Vehicles

Once the butt of every joke, electric vehicles are only going to grow in popularity. While car sales are down overall, the sale of electric cars has risen. The big auto companies are now getting on board with electric cars, with the likes of Mercedes, BMW, VW, GM, and Ford getting involved with the trend. Certain countries have plans to completely ban gas-powered vehicles in upcoming years, so it only makes sense to get on board with the electric trend now.

  • Ride Shares

With car sales dipping, it only makes sense that the popularity of ride shares is set to continue its growth. It’s difficult to justify the purchase of a vehicle, especially for those Millennials who live in a city. While public transport is handy, ride shares are even handier. That’s probably why rideshare options are now outnumbering the presence of taxis in New York City. Can you even believe that? That shows a monumental shift.

  • The Customer

Customers like control and they like convenience. This is something Tesla understands, which is why you can buy one of their vehicles without having to deal with a dealership. No one likes that aspect of car shopping. It’s difficult to shake off the feeling that you’re having the wool pulled over your eyes. So, any auto company that improves the customer experience is going to sell more cars. Dealers will have to change their tact or the industry will simply cut them out, it’s all about the customer experience.

  • Practical, but Versatile

SUVs are popular, sure, but they’re kind of gas guzzlers. Enter the crossover vehicle. The car that offers you all the benefits of an SUV without that giant gas bill. You want to commute in style, you want to be comfortable, and have plenty of room, too. Manufacturers are going to make it happen with a multitude of SUV and sedan style fusions.

  • Driverless

Okay, you’re probably not going to be buying one of these in 2018. However, with a plethora of trials taking place all over the world, we are getting closer and closer to this becoming a reality. This is definitely one to watch for 2018. It’s all about creating comfort for the passenger, reducing the number of road traffic accidents and assisting in traffic management, too. Keep your eyes peeled for the testing that is going on.

There is a lot happening in every industry, but especially on the automotive front. If you want to keep up with all the latest Millennial trends then be sure to follow imillennialtrends.com. You can read all about trends that we’re in the midst of, and more importantly, what we have to look forward to. You can’t afford to miss out!