The general consensus is that the sector is unfortunately struggling, and through a mixture of affordable deals and technological innovations, the overall message is resoundingly clear; adapting is crucial for survival.
Much to their credit, dealers and manufacturers both are working hard to persevere in these uncertain times. They’re not the only ones either, as services offering car key repairs are also making moves. Through a myriad of various strategies, trends, and ideas, they each plan to be around for a good while longer – and rightly so!
Here are 5 ways the auto industry is rapidly changing.
Auto Locksmith Experts Are Becoming More Sophisticated
It used to be that if a driver lost their car keys, they had figuratively reached a dead-end before their journey had even begun or resumed. However, with the steady influx of popularity with auto locksmith experts, there is now a handy workaround for any road user out there who finds themselves in this dilemma.
For example, anyone in this dilemma would benefit greatly from working with 3D Autokeys. The company cover a 50-mile radius around Nottingham, endeavouring to solve 99.5% of issues on the same day they are called out. It’s a one of a kind on-demand service, quoting the exact price customers are expected to pay. There’s no hidden costs or VAT charges, just honest, quick service. Whether it’s replacement car keys or a need for spare car keys, these services have people covered with an incredibly fast turn around time.
Only a few short years ago, the suggestion that driverless vehicles could soon be on the roads would have been preposterous. These days however, the technology is ebbing towards a finish line, as last year it was reported that driverless vehicles could be on UK roads by 2021, despite serious crashes that had occurred in the States when testing their latest developments here.
Obviously, this technology will need a significant amount of further development and fine tuning before it could ever be considered ‘road ready’. Nevertheless, the fact that prolific companies such as Uber are investigating opportunities in this area is likely enough for everyone else to take notice. It’s no longer a prospect that’s reserved for science fiction media – this technology could now have a basis in the real world too.
Petrol and diesel vehicles are to be phased out within the next decade, which will drastically alter the driving habits of many. Moreover, some of the most famous faces in car culture have expressed their support for climate action, giving things a much needed push here. These days, a sense of direction has never been clearer.
Even the prestigious manufacturers like Bentley are planning to go fully electric by 2030, demonstrating that no one is exempt from these shifts in the auto industry. Electric vehicles will soon be all the range, and people have already begun to drive them as badges of honour, proud in doing their part. As the years go by, the numbers of drivers making the switch will inevitably climb higher, and the manufacturers and dealers will alter their practices to meet the quota.
Many cars now come installed with technologies that boost interactivity between the driver and the vehicle. GPS systems, sensor alerts, cruise control, exhaust emissions, and cameras all give the cars of today more versatility on the roads, fulfilling a multitude of purposes in but one sitting. These tools are considered to also be safety features, giving drivers an awareness of who is in their proximity and what to be watchful for.
Those behind the wheel have a greater sense of control and awareness, making the driving experience not only more resourceful but more enjoyable too. To an extent, cars now work with the driver, feeding them information to put them in better stead than they would be otherwise. It instils a sense of power in the one behind the wheel, while adding flavours of luxury and leisure to any journey.
Changing Customer Interests
The demand for cars is constantly in flux, influenced by political or economical circumstances just like any other industry. In 2018 it was reported that people were generally driving less, particularly those in younger demographics also. Instead, people walk or cycle, car share, or embark on their journeys via public transport, finding suitable alternatives to being behind the wheel every day. It’s hard to imagine the situation improving anytime soon, due in part to COVID.
However, the auto industry is trying to accommodate the changing needs of their potential customers. Car financing and leasing deals are now slowly coming to the fore, helping drivers get on the road if the costs under normal circumstances are too high. Car sales and registrations plunged by 44% in March, signalling a stalled economy of sorts. Therefore, flexible terms for consumers has never been more vital for the industry to thrive.