Arab Today, arab today hyundai chief cautious on prospects for selfdriving cars
Last Updated : GMT 21:06:25
Arab Today, arab today
Arab Today, arab today

Hyundai chief cautious on prospects for self-driving cars

Arab Today, arab today

Arab Today, arab today Hyundai chief cautious on prospects for self-driving cars

Hyundai's European chief Thomas Schmid
Frankfurt - AFP

The self-driving car is coming, but not as rapidly as people think, the head of the European operations of South Korean carmaker Hyundai, Thomas Schmid, told AFP on Wednesday.

"My personal belief is that autonomous driving might come, but by far not as quick as everyone says in 10 or 15 years," Schmid said in an interview on the sidelines of the IAA motor show.

Alongside the connected car, autonomous driving is one of the new buzzwords in the automobile sector. And futuristic vehicles that soon may be able to drive themselves are among the technological highlights of the 66th edition of the Frankfurt Motor Show, which opened its doors to the world press on Tuesday and will then be accessible to the general public from Saturday.

Already, many of the latest models on the road are equipped with assistance systems to help drivers accelerate or brake in traffic.

"I'm 100-percent certain that this (technology) will be part of future products," Schmid said.

Electronic car parts suppliers, such as the German group Bosch, expect "highway pilots" -- which can essentially take over all driving tasks with only occasional need for human intervention -- to be ready for the market by 2020. And full auto pilot systems without any human involvement could be ready by 2025.

- Big legal challenges -

But such technology would also bring with it "huge, huge challenges for our legal systems," Schmid cautioned.

"Who is responsible for what? I'm not convinced until now that is a process which can be done in the next 10-15 years."

People's relationships to their cars and individual mobility are undergoing dramatic change, Schmid said.

"The kids today have a different approach to individual mobility. The importance is much lower than in my generation and the need to have an own car is also lower," he said.

The younger generation no longer define themselves via their cars.

And in big cities, car ownership was becoming less and less attractive in view of costs and well-developed public transport systems.

"There's a tendency all over Europe, both in urban areas and even in rural areas where fewer and fewer people are actually getting a driving licence," Schmid said.

So, in the future, autonomous driving could be administrated by local authorities and be integrated into cities' public transport systems, Schmid said.

- Feeling the pinch -

Turning to Hyundai's current prospects, Schmid conceded that "as a global manufacturer, we are affected" by downturns in emerging markets such as Russia, Brazil and China.

"In Russia, we are doing relatively well. We are one of the manufacturers almost losing no volume. That means we increased our market share" to about 10 percent in the first eight months, Schmid said.

Nevertheless, the weak ruble and the economic downturn was leaving its mark on Hyundai's profit margins.

In Brazil, "we are still doing very well," but growth was slowing as the market fell.

"And in China, this affects us as well as all other big manufacturers."

Nevertheless, "I don't believe that the Chinese market will collapse. But it will slow down."

Last year, Hyundai sold more than 1.1 million vehicles overall in China last year, giving it a market share of 6.6 percent, Schmid said.

"The market in China is still not full. Around 450 million people there would like to have a car. That means from the market side, there are still huge opportunities."

In Europe, Hyundai reported its "best-ever first eight months this year. And we're looking forward to having the best year ever," Schmid said.

"In the European market, I would say by year-end we will be at 3.0 percent. Our aim is to become the number one Asian brand. And that should mean we go up to four to five percent. In concrete numbers we're talking about 700,000 vehicles," Schmid said.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today hyundai chief cautious on prospects for selfdriving cars Arab Today, arab today hyundai chief cautious on prospects for selfdriving cars

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Leader Omar Abdel Rahman dies in US prison

GMT 19:00 2017 Sunday ,19 February

Leader Omar Abdel Rahman dies in US prison
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Actress Nadeen Al Rassi views art as her entity

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:05 2017 Friday ,17 February

Singer Diana Karzon will issue a new album soon

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday