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Upstream Security: cyber hacks could cost auto industry $24 billion within 5 years

Green Car Congress

Cyber hacks might cost the auto industry roughly $24 billion within five years, according to a new study by Upstream Security , which specializes in cloud-based security protection. billion, while we are seeing that the cost for the industry as a whole could reach $24 billion by 2023. The risk is immense.

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MIT Task Force on the Work of the Future suggests widespread autonomous driving at least a decade away

Green Car Congress

The MIT Task Force on the Work of the Future has released a new research brief examining the future of autonomous vehicles. The crucial role of public transit for connecting workers to workplaces will endure: the future of work depends in large part on how people get to work. The automated vehicle transition will not be jobless.

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IHS Markit: average age of cars and light trucks in US rises again in 2019 to 11.8 years

Green Car Congress

This represents one of the highest annual increases the US auto industry has seen since IHS Markit began tracking VIO growth—second only to the 2.3% A larger fleet means more service and repair opportunities in the future. from 2018-2019 while in the Midwest they aged by just 0.4%. growth in 2016. —Mark Seng.

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2019 Mazda 3 to feature world-first HCCI engine for efficiency: report

Green Car Reports

It's a technology that's been a sort of Holy Grail in the auto industry for at least a couple of decades. Now Mazda, one of the smallest global automakers, plans to introduce it in a radical new engine to be used in a future Mazda vehicle in 2019.

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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

Green Car Congress

Further, according to the latest IHS Markit forecasts, the global auto industry will exerience an unprecedented and almost instant stalling of demand in 2020, with global auto sales forecast to plummet more than 12% from 2019 to 78.8 Europe autos demand for 2020 is set at 15.6 million units.

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Ipsos Auto Global Study: interest in battery electric vehicles growing in the US

Green Car Congress

Ipsos’ new 2020 Global Mobility Navigator Study, focusing on Electrification, found global interest remained on par with the numbers from 2019. Increasing future sales for BEVs will rely on companies improving awareness of their product. However, the study reveals there has been an increase in interest in the US and Chinese markets.

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AlixPartners finds limited consumer willingness to pay for autonomous vehicles but enthusiasm for robo-taxis

Green Car Congress

While AVs represent a whole new platform for mobility, companies venturing into this space—new-entrants as well as the traditional auto industry—should be taking a clear-eyed look at their pathway to a viable business model, including perhaps partnering with others to reduce risk on their autonomous-vehicle programs. male and 49.5%

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