MarketResearch.com: Latest News in the Automobile Industry

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Oct 07, 2015, 07:06 ET

WASHINGTON and NEW YORK and LONDON, Oct. 7, 2015 /PRNewswire/ -- MarketResearch.com published a blog post that provides a recap of recent auto news. Current industry leaders are facing new opportunities and challenges as the competition heats up for self-driving and electric cars.

To learn more, check out this blog post: http://hubs.ly/H01fQSr0

The major topics discussed are:

Volkswagen's sales up 0.6 percent
Subaru sees record growth
Apple to release an electric car in 2019
General Motors to compete over driverless cars

Even though Volkswagen is one of the world's leading automobile manufacturers, it has experienced volatility in recent years. In 2013, its net profits decreased 58.2% from 2012, down to $12,039 million. The company is also embroiled in an emissions-cheating scandal, which contributed to tepid sales in September.

Subaru, on the other hand, set three consecutive monthly sales records. September 2015 was the best sales month in its company history. Sales increased 28% compared to September 2014, with a record 53,070 cars sold.

Apple is entering the automobile industry and plans to develop an electric car. For the past year, it has been studying the feasibility of an Apple-branded car and has set a target ship date for 2019.

The blog post rounds out its coverage with GM's plans to produce self-driving cars. Currently, Google is already road testing 48 self-driving cars. Software is predicted to be the competitive differentiator in self-driving vehicles, and computer hardware is the next largest segment in this niche auto market.

The MarketResearch.com blog provides timely news and analysis on a wide range of business verticals to help readers stay up to date on emerging market trends.

To view additional articles on the blog, click here: http://hubs.ly/H01fQR-0

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