Musings From The Oil Patch July 30th 2019
Comment of the Day

July 30 2019

Commentary by Eoin Treacy

Musings From The Oil Patch July 30th 2019

Thanks to a subscriber for this edition of Allen Brooks’ ever-interesting report for PPHB. Here is a section:

Eoin Treacy's view

A link to the full report is posted in the Subscriber's Area. 

Autonomous vehicles represent the marriage of hardware and software but perhaps more importantly the transition of the automotive industry from the industrial to the consumer electronics sector. Electric vehicles have a lot fewer parts, are a lot easier to manufacture and the cosmetic features are mostly about fit and click rather than precision welding. That’s the primary challenge facing legacy automotive companies. Coupled with slowing economic growth the sector remains under pressure.

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