How the US Auto Industry Will Grow

The United States auto industry isn’t just recovering, it’s looking better than it has in the past two decades. Despite the new found optimism in American cars, manufacturers are looking ahead to the future so they can avoid another collapse.

The big three automakers – General Motors, Chrysler and Ford – all gained market share in the first quarter of 2013 according to Bloomberg. This hasn’t happened in 20 years; GM and Chrysler deliveries both increased 11 percent and Ford sales rose 18 percent.

With optimism growing, the companies are focusing on growing “intelligently” as a precaution against future catastrophes like the one Americans saw in 2008. All of the companies are focusing on improving their vehicles by including advanced technologies. Automotive Industries Online asserts that wireless networks and new technologies in upcoming vehicles could entice the consumer with advanced safety, navigation and entertainment options, previously not seen in American cars and trucks.

Other technologies will help to maintain the growth in auto sales.  For example,  just a few years ago autonomous cars seemed like science fiction, but now they’re a reality with the 2014 Mercedes Benz S-Class which Forbes claims will be out later this year.

If self-driving cars appear to be the next step for the auto industry, then a multitude of futuristic technologies are sure to follow. These gadgets, along with more fuel efficient vehicles and cars that run on alternative energy will continue to grow the American auto industry.