Another way to invest in the automotive industry is to review the secondary market generated by the automotive industry such as parts and repair. UNS Business SummaryFounded in 1968, Uni-Select is a leader in the distribution of automotive aftermarket parts, tools and equipment, industrial paint and related products. If we draw a line from 2006 to 2016, the trajectory is what we want, and there would be room for accelerate dividend growth. Magna International ((TSE:MG)), (NYSE:MGA) is one of the options and Uni-Select ((TSE:UNS)), (OTC:UNIEF) is another option. Source: Uni-Select Investor Information February 2017In the repair business, it's important to be local and Uni-Select understands that with their distribution network and repair centers.
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When it comes to auto manufacturing, the prevailing view is that it is heavily capital intensive and cannot be disrupted. An AEV would bring the following major changes to the automobile features and automobile manufacturing supply chain. While challenges abound, Apple appears to be the player that is most ideally positioned to disrupt the automotive manufacturing business. We have written about Apple's autonomous car effort in the past, outline our rationale for why Apple can be successful. Selling autonomous car software to other companies as an end goal is simply not Apple's DNA.
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John Max