Electronic Share of New Cars' Cost
Today, the number of electronic components in cars has increased significantly compared to the past, and part of it is due to increased safety. Statistics show that in 2004, less than 20 percent of cars had rear parking sensor systems and side airbags. But in 2007, more than 80% of cars were equipped with these systems. Of course, newer cars also benefit from features such as fuel economy, hybrid and electric technology, but the presence of this technology on cars also increases their price. In 2000, electronic systems accounted for 18 percent of the total cost, up from 40 percent today.