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Companies are pouring money into the Internet of Things, and one area of particular interest to investors is IoT connected cars. At this point the industry had coalesced into the Big Three” — General Motors, Ford and Chrysler (the latter of which established Canadian operations in Windsor in the early 1920s). In 2000 BMW sold the Land Rover segment to Ford, which had acquired the stock of Jaguar in 1989, while its Rover cars segment was spun off to a British consortium and became MG Rover Group Ltd.

As serious, and even overwhelming, as the obstacles faced by the auto industry today appear to be, companies that position themselves properly will prosper. At the end of World War II the American automobile industry had intact facilities, somewhat enlarged by construction for military needs. The German automobile industry suffered from the dislocation of World War I and Germany’s subsequent economic difficulties.…

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