Top 3 Auto Brands Leveraging the Lucrative Connected Cars Business Model

We’ve heard of smart cars. Many also heard through the grapevine a little something called green — as in EV or even hydrogen fuel cell powered cars. But we’re willing to bet not many have even heard of the biggest money maker in the auto industry — and, honestly, a tremendously convenient benefit to car buyers out there —

The Biggest Money Maker We’re Thinking of Is the Idea of ‘Connectivity’connected cars-1

As in connected cars. Utilizing the technology already saturating our daily lives. Living in the cloud, and Internet-connected capacity. Imagine, if you will, dealers and manufacturers being able to connect specifically with the individual car (and, therefore, the individual car owner).

It’s a goldmine. One where automakers can literally monetize the data collected from those connected cars in real time. The strategy these auto brands will implement when it comes to connected cars is this: internet connectivity and apps WITHOUT working with Apple or Google. This not only saves revenue, but actually increases it through retention of service customers throughout dealership networks.

More and more car drivers will get their vehicles maintained within the manufacturer/dealer network versus other third-party shops. What does this mean? More profits for the automakers and car dealers. More convenience for the car buyers and owners.

There Are, of Course, Three Top Auto Brands Taking Advantage of This Connected Cars Goldmine

You can expect other automakers following the auto trend very soon, possibly. Why?

Connected Cars Will Make All the Difference as Far as Revenue and Profit

And without a doubt, the car buyer benefits. Want to know more about cars and loans? SUBSCRIBE RIGHT HERE and get connected!