The auto industry saw some big changes in 2017 - but electric cars and autonomous vehicles were just hype
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Thomson Reuters
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- Industry execs agree the car business is undergoing unprecedented change.
- But some of that change is more meaningful than others.
- Several much-discussed "disruptions" are more speculative than for-real.
Auto industry executives have been suffering fits of panic and excitement over big changes to the business. In 2017, their preoccupation with disruption came to a head, as Tesla surpassed Ford and Fiat Chrysler Automobiles in market cap and at times challenged General Motors.
It was a great year in many ways, but also a rough one.
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So how much of the disruption was meaningful - and how much of it was much ado about nothing?
Get the latest Tesla stock price here.
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