How Sharing Cars Could Actually Boost Auto Sales and Impact Transporation Infrastructure

This shift towards on-demand, shared, and potentially autonomous mobility that’s already underway addresses a glaring problem for drivers: Vehicles have a high up-front costs to own and depreciate swiftly, but they aren’t necessarily heavily utilized.

But according to analysts at Deutsche Bank AG, there are a myriad of misconceptions about how the on-demand revolution will affect automakers–chiefly, about their impact on sales volumes.

The analysts acknowledge that the proliferation of on-demand vehicles could ultimately reduce the number of cars on the road in the U.S. by more than 25 million, with population density serving as a key determinant of the size of the on-demand fleet.

Luke Kawa

Full Story: http://www.bloomberg.com/news/articles/2016-03-28/how-sharing-cars-could-actually-boost-auto-sales