However, there have been signs of a market shift on the horizon for some time, in the form of subscription service and mobility packages.
However, there have been signs of a market shift on the horizon for some time, in the form of subscription service and mobility packages.
The consulting company Frost & Sullivan has predicted that 10% of all new car sales will be through subscription services by 2025, based on an August 2018 report into growth opportunities for the segment.
If you translate those numbers to the UK, that would mean growing the segment to at least 237,000 units within six years.
Among those seeming to take note are manufacturers such as BMW and Mercedes-Benz, which are joining forces on mobility services Reach Now, Charge Now, Free Now, Park Now ans Share Now.
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Author:
Tom Seymour
Freelance writer
Freelance writer for AM, Tom Seymour has been a specialist B2B journalist covering the automotive sector for over 14 years. He started his freelance career in 2015 and currently writes for a variety of automotive, business and technology publications.
isolve-technologies - 05/07/2019 14:02
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