From Lewis Hamilton to the GM Strike to the release of Ford v Ferrari, the last few weeks have brought a flurry of headlines within the automotive world. We thought a short curated summary with links to major articles would be a great way for Turtle Garage subscribers to start the week and get caught […]
“In America today, there are more cars than drivers. Yet our investment in these vehicles has yielded dubious returns. Since 1899, more than 3.6 million people have died in traffic accidents in the United States, and more than eighty million have been injured; pedestrian fatalities have risen in the past few years. The road has […]
“The premium business model as we have seen it, of model proliferation and people paying more because of the social status of those cars, is probably reaching a peak.” —Philippe Houchois, Analyst, Jefferies Group Premium auto sales are stumbling. Is this just a bump in the road or the canary in the coal mine? BMW reported […]
“We will look back on this time in fifty years and think it was the Wild West. The only challenge is, how do we get to zero road deaths? We’re only going to get there by removing the human.” —Toby Walsh “Do you know about the Human Driving Association? We’re a nonpartisan, apolitical lobbying group. […]
“Very disapponted with General Motors and their CEO, Mary Barra, for closing plants in Ohio, Michigan and Maryland. Nothing being closed in Mexico & China. The U.S. saved General Motors, and this ithe THANKS we get!” —Donald Trump, President of the United States “We think it’s appropriate to get in front of it while the […]
This week I had a transformational experience with the autonomous future. I recently purchased an off-lease 2015 Mercedes S550, and the car came equipped with option code 997 (which includes Distronic Plus with Steering Assist). Driving home from a meeting I activated Distronic Plus for the first time. I was completely awestruck when the car […]
Turtle Garage has been closely following the evolution and development of autonomous cars, ride-hailing services, and the electrification of vehicles. These three megatrends have the potential to radically disrupt not only the auto industry, but everything from commerical real estate to public transportation. Earlier this week Bloomberg reported that a 49-year-old woman was killed by an […]
Bloomberg is on the vanguard of accurate and thoughtful reporting on the emerging and powerful trends of self-driving cars. In this recent article, Jess Shankleman succinctly points out why this autonomous automotive revolution is going to happen way faster than the markets (or the public) thinks. The coming transformation will claim victims from airlines to bicycles […]
Over the last few months, I have been devouring several books on artificial intelligence (AI). While we have not reached the age of full-blown “cognitive computing,” the pace of the pace of change is accelerating at an astounding rate. No industry can hide from the runaway train of Moore’s Law. The following are insightful books […]
“It saddens me to say it, but the auto industry is on an accelerating change curve. We are approaching the end of the automotive era. For hundreds of years, the horse was the prime mover of humans and for the past 120 years, it has been the automobile. Now we are approaching the end of […]
“Volvo’s unique advantage is that its two home markets — Sweden and China — are among the countries with the most generous government incentives, even though both have cut them slightly in recent months.” —Leonid Bershidsky Over the next ten years, the automobile industry will face profound changes. These changes will have a massive ripple […]
Philip Richter is President and co-founder of New-York-City-based Hollow Brook Wealth Management, LLC. The Turtle Garage Blog, he says, is dedicated to his "love of excessive personal transportation."
