A few of us are trying to identify which businesses need to desperately change and prepare for fully automated vehicles. This is based on the rationale that there will be no financial benefit to owning a personal vehicle once automation is available. Here is what I came up with so far.
Washing (wax, soap, brushes, etc)
Maintenance (tools, drain buckets, lifts, etc)
Registering (DMV)
Insurance (USAA, AAA, Farmers, etc)
Losing your keys
Looking for parking
Parking tickets (city income revenue loss)
Extended warranties
Warranties
Gas stations
Underground fuel tanks
Fuel transportation (semi trucks and plants)
Speeding tickets (police and city income revenue loss)
Vehicle accidents (legal and hospital revenue loss)
All car parts stores (tires, batteries, windshield wipers, oil, transmission fluid, coolant, seat covers, car covers, tools, spark plugs, custom rims, exhaust, etc)
Parking lots (property owner revenue loss)
And all businesses that support that above businesses
One upside I can think of is that you can convert your 1,2 or 3 car garage into something other than car storage, thus increasing the living space and value of your home.
It will be interesting to see who will service this massive fleet of vehicles. However, once thing Tesla has shown us is the significant drop in vehicle maintenance. It's possible some of the independent service shops will make if they can attract smaller rental businesses.
Washing (wax, soap, brushes, etc)
Maintenance (tools, drain buckets, lifts, etc)
Registering (DMV)
Insurance (USAA, AAA, Farmers, etc)
Losing your keys
Looking for parking
Parking tickets (city income revenue loss)
Extended warranties
Warranties
Gas stations
Underground fuel tanks
Fuel transportation (semi trucks and plants)
Speeding tickets (police and city income revenue loss)
Vehicle accidents (legal and hospital revenue loss)
All car parts stores (tires, batteries, windshield wipers, oil, transmission fluid, coolant, seat covers, car covers, tools, spark plugs, custom rims, exhaust, etc)
Parking lots (property owner revenue loss)
And all businesses that support that above businesses
One upside I can think of is that you can convert your 1,2 or 3 car garage into something other than car storage, thus increasing the living space and value of your home.
It will be interesting to see who will service this massive fleet of vehicles. However, once thing Tesla has shown us is the significant drop in vehicle maintenance. It's possible some of the independent service shops will make if they can attract smaller rental businesses.