As the automotive industry continues to evolve at a rapid pace, a new debate has emerged over the future of self-driving vehicles and their potential impact on the way we finance new cars. On one side are Self-Driving Vehicles (SDVs), which are designed to operate autonomously without human input, and on the other are AI-defined vehicles, which use artificial intelligence to enhance driver assistance systems but still require human oversight. Meanwhile, new data reveals that record highs are being reached in new-car financing, with many consumers relying on loans and leases to get behind the wheel of their dream vehicles. But as the cost of ownership continues to rise, will the benefits of SDVs and AI-defined vehicles be enough to justify the added expense for consumers?
SDVs vs. AI-defined vehicles | Record highs in new-car financing (Jake Neher) ...