Tag Archives: car-sharing

The Sharing Economy: Ride Sharing Provides Unique Challenges to Automotive Manufacturers Going Forward

A recent study published by AlixPartners estimates that for each car-sharing vehicle on the road, 32 personal vehicle purchases do not occur, which to date has resulted in 500,000 missed vehicle sales for automotive manufacturers. AlixPartners estimates that by 2020, automakers will miss out on an additional 1.2 million vehicle sales as a result of … Continue reading this entry

More Auto Companies Bet on Car-Sharing

Auto companies around the world have announced partnerships with car-sharing companies, or created their own car-sharing platforms. Toyota announced in October that it is investing in car-sharing service Getaround. Daimler launched a car sharing app called CROOVE, set to go live in Munich in December. General Motors partnered with Uber on its car-sharing program Maven (after investing … Continue reading this entry