Automakers are still largely reinventing the wheel when it comes to adding today's most advanced technologies to new vehicles.
Those carmakers sold a record 17.5 million vehicles last year. But their success could be in jeopardy if they drop the ball on the operating system they adopt.
Luckily, two iconic tech stocks are riding to their rescue...
Automakers are still largely reinventing the wheel when it comes to adding today's most advanced technologies to new vehicles.
Those carmakers sold a record 17.5 million vehicles last year. But their success could be in jeopardy if they drop the ball on the operating system they adopt.
Luckily, two iconic tech stocks are riding to their rescue...
All the buzz surrounding self-driving cars at the 2016 Consumer Electronics Show (CES) is the strongest sign yet of how technology is completely transforming the auto industry.
And the difficulty of being good at both cutting-edge tech and mass-producing a complex product like an automobile is nudging Detroit and Silicon Valley into partnerships, like the one between GM and Lyft.
These partnerships will be the new powers in the auto industry fighting to dominate the self-driving car market.
Some of the next best tech picks to add to your portfolio will be driverless car stocks.
Growth in driverless car technology has already started – but will really take off over the next 10 to 20 years.
A Boston Consulting Group forecast says the global market for driverless car technology will skyrocket to $42 billion by 2025 and then nearly double to $77 billion by 2035.
And these companies are in the best position to profit from this trend…
Technology is playing a major role in the recent auto sales boom, with millions of consumers citing advanced auto technologies as a key reason they're buying or leasing now.
And there's a small, little-known tech stock set to double within five years on the back of this massive trend.
