Podcast Episode: 0118 |
Has our ride along the personal transportation highway, finally hit the wall? With the rise of subscription and ride hailing services, can out appetite for personal transportation ownership hold strong? This is a question which AutoLooks looks at on this podcast episode. |
Just a few years ago, the auto industry seemed like it was the biggest thing the world had ever seen. With a rising middle class in the BRIC nations (Brazil, Russia, India & China), it seemed like there was no end to ownership around the world. But, like everything else, this world eventually has to hit a wall.
A fall in global markets in both 2008 and 2020, has seen a decrease in the industrialized world, with vehicle ownership. In 2008 we saw a drop due to the decrease in work and increase in costs. This has led to the 1.4 car driveway we have today. But, now we are seeing an increase in urbanization, even after a rush to the suburbs. And as this urbanization increases, our need for vehicles will decrease | |
Today we are seeing a decrease in younger buyers, in many industrialized nations, as our need for travel is answered by others. With the rise of ride sharing and now subscriptions cars, the world of ownership seems to be drying up as we move into the city. But, can we help
Everett J.
#autolooks
Leave a Reply.
Categories
All
Adventure
Aftermarket
Brand
Cinema
Corporate
Country
Delivery
Design
Future
Games
Green
History
Holiday
Informative
Infrastructure
Interviews
Manufacturing
Market
Model
Movie
Music
Parts
Product
Q&A
Racing
Revival
Segment
Sub-Brand
Technology
Television
Toy
Archives
November 2024
October 2024
September 2024
August 2024
July 2024
June 2024
May 2024
April 2024
March 2024
February 2024
January 2024
December 2023
November 2023
October 2023
September 2023
August 2023
July 2023
June 2023
May 2023
April 2023
March 2023
February 2023
January 2023
December 2022
November 2022
October 2022
September 2022
August 2022
July 2022
June 2022
May 2022
April 2022
March 2022
February 2022
January 2022
December 2021
November 2021
October 2021
September 2021
August 2021
July 2021
June 2021
May 2021
April 2021
March 2021
February 2021
January 2021
December 2020
November 2020
October 2020
September 2020
August 2020
July 2020
June 2020
May 2020
April 2020
March 2020
February 2020
January 2020
December 2019
November 2019
October 2019
September 2019
August 2019
July 2019
Author
Looking to see where Everett J. came from or how he knows so much about the industry he loves. Then check out his page:
https://everettj-autolooks.weebly.com/