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Autonomous Driving — a Challenge for the Automotive Industry

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  • Hubertus Bardt

    (IW Köln)

Abstract

The automotive industry is one of the most important industries in Europe. This industry is responsible for 14% of total production and capital investment in the European manufacturing sector, and in Germany the share amounts to 22%. Structural change within this crucial sector is of relevance for the whole economy. Along with alternative propulsion systems such as electromobility, (semi-)autonomous vehicles are one of the big trends in the automotive industry. For established providers, the possibility of disruptive change poses a threat to existing markets, while a gradual introduction of new technologies also increases competition. Nevertheless, with their strong market position in the premium segment and especially their relevant research activities, European and especially German automotive manufacturers are well placed to successfully master the coming challenges in the automotive market.

Suggested Citation

  • Hubertus Bardt, 2017. "Autonomous Driving — a Challenge for the Automotive Industry," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 52(3), pages 171-177, May.
  • Handle: RePEc:spr:intere:v:52:y:2017:i:3:d:10.1007_s10272-017-0668-5
    DOI: 10.1007/s10272-017-0668-5
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    Cited by:

    1. Liao, Peng & Tang, Tie-Qiao & Wang, Tao & Zhang, Jian, 2019. "A car-following model accounting for the driving habits," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 525(C), pages 108-118.
    2. Giuditta De Prato & Montserrat Lopez Cobo & Sofia Samoili & Riccardo Righi & Miguel Vazquez Prada Baillet & Melisande Cardona, 2019. "The AI Techno-Economic Segment Analysis," JRC Research Reports JRC118071, Joint Research Centre.
    3. Sofia Samoili & Riccardo Righi & Melisande Cardona & Montserrat Lopez-Cobo & Miguel Vazquez-Prada Baillet & Giuditta De-Prato, 2020. "TES analysis of AI Worldwide Ecosystem in 2009-2018," JRC Research Reports JRC120106, Joint Research Centre.

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