Thursday, 9 November 2017

The former vice chairman of GM just predicted the car industry’s future: it has no future

The former vice chairman of GM just predicted the car industry’s future: it has no future

It’s not every day a titan of industry predicts the demise of his own. But Bob Lutz, the former vice chairman of General Motors, believes the auto industry is not long for this world. “It saddens me to say it, but we are approaching the end of the automotive era,” he writes this month for Automotive News. Our daily travel, he predicts, will migrate to standardized passenger modules as the demolition of the traditional auto industry accelerates.

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