KPMG predicts a decline in sedan sales, Tesla announces a truck, Google buys Nvidia talent, AWS launches new AI products
KPMG forecasts significant changes to the auto market by 2030 as a result of autonomous vehicles – KPMG recently came out with a forecast that predicts the sales of sedans will drop precipitously by 2030 as a result of the emergence of autonomous vehicles. They estimate that sales of sedans in the US will drop from 5.4M annually to 2.1M as a result of the emergence of autonomous vehicles. They view the emergence of driverless vehicles with on demand mobility services such as robo-taxis. Further, they are of the view that the market will segregate into “islands of autonomyâ€. That is each metro area will develop its own mix of autonomous vehicles based on “on miles traveled, average trip duration, and estimated vehicle occupancy“.
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