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the decline of the automobile industry

The decline of the automobile industry

For more than 100 years the automotive sector has been one of the most important industries in the world. For decades it has meant strength, wealth and industrial power.

Companies like General Motors, Volkswagen or Toyota are real industrial giants with factories scattered all over the world. To a large extent, these companies were responsible for spreading the tentacles of the great industrial powers all over the planet.

However, the automotive industry isn’t going through its best At least in terms of popularity. The electric car, the autonomous car, car sharing or trend changes make many experts point to the decline of the big car companies. We’ll tell you what is happening in this video and whether this idea is feasible or not.

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