Today’s consumers have more ways than ever to get around town, from personal vehicles, to public transportation to rideshare programs to Uber-like services, yet there are more automobiles on the road than there have been in years.
In fact, according to IHS Automotive, “the number of vehicles on the road reached a record level of almost 253 million, an increase of more than 3.7 million, or 1.5%, since last year reported.”
Good news for the automotive industry! Let’s take a look at what else is trending in the automotive and transportation world.