OE: Original Equipment: This part is either made by the car manufacture or is made by an automotive part supplier and is branded with the car manufactures logo and/or in the car manufactures box. In the future, Cook continued, autonomous driving becomes much more important.” The comments stoked the fervor around Apple’s heavily shrouded car plans Many in the industry assume that Apple is developing electric vehicles that will drive themselves, pitting the company against Google, Tesla, Uber and the bulk of automakers that have autonomous cars on the road or are scrambling to get them there.
Domestic players have profited from this expansion, but their market share is receding compared to foreign car makers: the 30% portion held by Chinese car brands at the end of 2009 fell to 26% in 2012 according to financial research firm Sanford C. Bernstein.
Today, there are approximately 19,000 rental locations yielding about 1.9 million rental cars in the US. Because of the increasingly abundant number of car rental locations in the US, strategic and tactical approaches are taken into account in order to insure proper distribution throughout the industry.
By the looks of the specs and the few early reviews that have published, the 2016 Chevrolet Volt appears to be the next big thing on the green car market, but General Motors nailed down third place in EV sales with the success of the original Volt Through April 2015, Chevrolet moved 95,293 copies of the Volt and Chevy Spark EV, a low-volume pure electric car available in a few U.S. markets.
While the luxury car as we know it today was still far away, the car brands had already been established and numerous trade expos and fairs saw the laity wonder and ooh and aah at this new marvel of transportation that was to soon become an integral part of everyday modern life.