Past the peak of global automotive

We might be past the peak of global automotive production

Says Bosch’s CEO

‘It could well be that we passed the peak in global automotive production,’ says the CEO of Robert Bosch, the world’s largest car parts supplier. Tesla, meanwhile, exceeding $100 billion in valuation making it more valuable than Ford and GM combined….The headwinds for incumbent car manufacturers are terrifying: the move to electric drive trains and software-rich products, the growing hostility towards the car, at least in cities. It staggers me that the large car companies squandered their decades of experience and are so ill-prepared for the platform shift, consumer and policy changes of the years ahead”

…and what I said about the future of the car in 2018

“Where most families now own or lease their car, in the next five years they will subscribe to a mobility service, says Leonhard. “Non-ownership will rise, and people will borrow, share or use cars on demand.”

Author: Gerd Leonhard

In the words of American poet John Berryman, “the possibility that has been overlooked is the future”. Most of us are far too busy coping with present challenges to explore the future in any depth – and when we do our own cravings and fears often run away with us, resulting in utopias or dystopias that are not very helpful in terms of planning and decisions. Today’s professionals, leaders and their organisations need a dedicated, passionate long-term understanding of the future if they are to successfully navigate the exponential waves of change. For countless individuals and organizations that intelligence is called Gerd Leonhard. View all posts by Gerd Leonhard