Over the past decade, a noteworthy change has been witnessed in the automotive industry. Digital technology, economic health, and variation in customer sentiment have all being the key factors for this evolution. And this evolution is been analyzed by OEMs along with other prominent industry players and is spending greatly in non-commercial business practices for manufacturing automobiles. The market is also getting rapidly captured by alternative income sources. Mobility firms like Uber have expanded substantially over the past few years and well-known tech firms such as Microsoft and Amazon are chewing back-end automotive information. All these factors are likely to boost the growth of the automotive industry.
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