Michael "Mike" Albert Hernandez III grew up in Brownsville, Texas, and has owned D & M Leasing in Dallas-Fort Worth for over 30 years. As a seasoned auto industry professional, Mike Hernandez III stays current with the industry trends and developments.
The automotive industry has seen consistent evolution and innovation as technologies and manufacturing have improved. For the near future, the biggest trend will be electric vehicles in the world’s major markets. Battery technology is improving every year, and manufacturers like Tesla as well as the traditional OEMs are leading the way. Prices will still need to come down for an entry level option. In the past, the government has provide tax credit to improve the affordability. Programs like these in the future will help pave the way.
With the United Nations passing regulations on self-driving vehicles and automated lane-keeping systems, carmakers are going to start pushing out autonomous technology in their vehicles finally. Technology and availability are not completely ready for the mass market, but major improvements are being made.
Online shopping is also continually growing, and carmakers and dealers will start looking to gain more traction in the online world. Expect to see a large push to provide more options for online sales and services to be more attractive to younger generations.
The automotive industry has seen consistent evolution and innovation as technologies and manufacturing have improved. For the near future, the biggest trend will be electric vehicles in the world’s major markets. Battery technology is improving every year, and manufacturers like Tesla as well as the traditional OEMs are leading the way. Prices will still need to come down for an entry level option. In the past, the government has provide tax credit to improve the affordability. Programs like these in the future will help pave the way.
With the United Nations passing regulations on self-driving vehicles and automated lane-keeping systems, carmakers are going to start pushing out autonomous technology in their vehicles finally. Technology and availability are not completely ready for the mass market, but major improvements are being made.
Online shopping is also continually growing, and carmakers and dealers will start looking to gain more traction in the online world. Expect to see a large push to provide more options for online sales and services to be more attractive to younger generations.
