The growing presence of
German and Japanese automakers in the vital North American auto market, particularly
Volkswagen and Toyota. Toyota is now competing directly with Ford in the pickup
truck market, and Volkswagen is considering entering that market. Mercedes and Nissan are now competing
directly with Ford in the commercial van market.
Some companies have a
head start in alternative fuel vehicles. Toyota and Honda are ahead in the
production of fuel cell vehicles. Volkswagen has greater expertise in electric
cars.
Widespread adoption of
electric vehicles could force costly upgrades to plants and expensive changes
to dealerships. This could reduce Ford’s profits.
Lower fuel prices could
limit demand for costlier alternative fuel vehicles such as hybrids and
electrics.
The Volkswagen scandal
could limit the demand for diesel-powered vehicles, including the Ford F150.
Today’s young people
are driving less than previous generations, news stories indicate.This means less interest in cars and
could lead to fewer car sales at some point in the future.
Some experts predict
that new technologies, such as uber and
self-driving vehicles, could limit the market for cars and financing. This
could limit vehicle sales volume at some point.
No comments:
Post a Comment