Research from Kelley Blue Book suggests that in the short to medium term, ride-sharing and ride-hailing services will not have a major impact on automotive sales. A survey of 1,900 drivers in the US suggests that more than three-quarters of those who regularly use ride-sharing services said they plan on buying their own car within the next two years. Boston Consulting Group similarly predicted little effect on sales, forecasting that car-sharing would reduce vehicle sales worldwide by only 792,000 units in 2021 – just slightly more than 1% of expected sales of 78.4 million units.
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Already a member?