Paris Motor Show - Another Peak at Future Moblity
Traditional automotive companies are looking towards the future of mobility at the Paris Motor Show
Mondial or the Paris Motor Show is one of the largest automotive shows in the world if the measuring metric is by attendance. Even though it is one of the largest, this year saw companies back out of having a presence at the show, and the companies that were present had a subdued attitude. Automotive manufacturers and automotive suppliers are going through a transformative period of time, a sort of identity crisis, as new technologies continue to emerge, new business models emerge like ride-hailing, and thoughts on transportation emerge. People in mature markets are realizing that vehicle ownership is not mandatory anymore, especially in urban centers.