Advances in electronic technologies have transformed the automobile by increasing safety, reliability and convenience for the American consumer. Despite these advances, which include all electric vehicles like the ones from Tesla (TSLA) and developments on assisted driving technologies from Google, Mobileye (MBLY), Volkswagen AG (VLKAY) and others, the drivers of new car demand have remained intact. The average consumer still wants a quality car, one that does not cost too much to get to destinations and one that has entertainment choices including the AM/FM car radio. Read more courtesy of Forbes here.
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