Monday, 12 june 2017 | Redacción CEU
The automobile sector in Spain is one of the industries that has experienced a big growth in this economy hit by the crisis. Car sales in our country have increased by 11.7% on the past month of May. In particular, this market has grown by 7% since the beginning of the year. It seems that the automotive companies are in luck. Do you want to know the ins and outs of this "engine" of the economy?
The prosperity of the automotive business does not go unnoticed. It is one of the fields with really good economic expectations. That is why it is very important catching up on the news about this market. In this article we provide you a brief overview about the trends and the development of the motor business. What are the companies working on? What is being sold and what is not? What is the future of the automotive sector?
Picture of the automotive market
Sales to "rent a car" expand in Spain
The arrival of the summer has meant an increase of vehicles sales to companies that manage the car rental business. The sale of these companies added up to 40.240 new vehicles the last month –18% more than in 2016–. That is a relevant amount of market share. Tourism has been decisive on the growth of this business area.
Considerable decrease of diesel automobile sales
The impact in the environment of the use of these fuels is affecting the loss of diesel's hegemony as a fuel in Europe. Legislation is increasingly restrictive and is causing the change of consumption of individuals and companies. It is the first time in a decade that diesel cars have not been the bestsellers vehicles in the continent. On April, numbers fell around 15% regarding the ones collected that same month on the past year. The registration of this kind of vehicles is below the 50% –a record figure–.
The demon of the "dieselgate" has changed the rules of the game
The famous case of ‘dieselgate’ has unleashed a series of changes worldwide. Not only it has influenced the drop of diesel car sales, it has also encouraged the electric car sales. In the other side, the European Community thinks about toughening the legislation about emissions. At present, the member countries have agreed to examine the emissions of the cars that are currently on the road.
Cars do not need a driver
Vanguard is the insignia of the automotive industry. The automobile design demands an increasingly complex engineering and a digital project under continuous development. Self driving cars are around the corner. Google, Uber, Tesla, Apple, Toyota, Mercedes-Benz,... all these companies work in the production of an autonomous car.
Big Data is becoming more important
The automative companies are using the data analysis in the car manufacturing process to optimize the production and minimizing the risk of failures in the assembly lines. Not only this, Big Data is also transforming costumer service. They are getting data about the use of the vehicles for the development of an intelligent care. For example, a car will notify us that it needs an urgent oil change. The connectivity of cars is another trend to bear in mind.
Car sharing is the new way of transportation
The personal transport has reinvented itself, one of the most noticeable changes is the use of car sharing. It is a trend in big cities and digital platforms that work on car sharing do not stop registering new costumers.
Emergence of the hydrogen cars in the automotive market
The legislation and demand push automobile industry to look in other directions and to search for new energies like the liquefied petroleum gases or the biofuels. Nevertheless, the motor business seems opting to use electricity. Facing the 100% electric cars that need recharge of batteries, the hydrogen cars development is being impulsed. For example, in California this kind of vehicles are already on the road and the first refueling stations have been installed.
Will cars fly one day?
That is the intention of Toyota that is attempting to fabricate a flying car to open the Tokyo Olympic Games in 2020. The Japanese company has set itself this ambitious goal. At present, the first attempts published by social networks do not seem encouraging. But it is definitely another challenge that has set out in the future of motor world.