Automotive industry is growing and changing rapidly

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Automotive industry is growing and changing rapidly, thanks to the emergence of micro markets and the new mobility advances. Trends suggest that between ride-sharing and the rise of autonomous vehicles, we are in for a very exciting future.

The automotive industry is poised for massive growth in the coming years. That’s because the industry is entering a period of micro markets, where consumers are demanding a more customized experience and companies are responding to their needs by offering products that meet specific needs at a specific price point. This means that while some people may prefer self-driving cars, others will continue to choose traditional vehicles. As ride-sharing becomes more popular and autonomous vehicles become more affordable, expect this trend to continue.