Google are entering the Auto business. They plan to create vehicles running on Android allowing users to access apps, music and maps directly through their car. If successful, Google could control a new market and benefit from data collected by the car such as fuel usage, GPS location, where you stop, where you spend money etc. Opposition has been voiced in Germany from both politicians and car makers. Companies such as Audi, Volkswagen and Mercedes- Benz argue that the collected data is theirs and should not belong to Google. If money goes to technology companies, less money will go to the carmakers reducing profit and value.
December 19, 2014 – Stock Market News
Google are entering the Auto business. They plan to create vehicles running on Android allowing users to access apps, music and maps directly through their car. If successful, Google could control a new market and benefit from data collected by the car such as fuel usage, GPS location, where you stop, where you spend money etc. Opposition has been voiced in Germany from both politicians and car makers. Companies such as Audi, Volkswagen and Mercedes- Benz argue that the collected data is theirs and should not belong to Google. If money goes to technology companies, less money will go to the carmakers reducing profit and value.