Rapid urbanisation calls for all-new auto industry business models

Car OEMs must become mobility services providers to respond to the increasing urbanisation of a growing population

Car manufacturers will have to broaden their horizons to become “mobility services providers” in response to the increasing urbanisation of a growing population, a conference in London heard.

The automotive industry’s traditional business model, where cars are bought or leased by private individuals and corporate organisations, will change in some parts

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