Car ownership in decline?
As traffic congestion increases in cities, gentrification and urban renewal continue, measures are made to rein in urban sprawl, motorways are extended, public transport and cycling infrastructure improve? and city cores see increased apartment living (with/without xxx car parks) and efforts to revitalize and improve liveability .... what else?
Demographic change and culture shift including new mobility.
This Autoblog item provides a view on new mobility, car ownership and demographic trends, with predictions and implications for future planning and development of cities.
The last car you'll ever buy may already be in your driveway
Thilo Kosloski, the analyst from Gartner Research, predicts that "by 2025, 20 percent of cars will not be owned by an individual."
As more people share cars or rides we're going to need fewer cars than are on the road right now. In fact, the trend has already started. In Berlin, Germany, there are 10,000 fewer automobiles today than there were a decade ago, even though the city's population grew by more than 100,000 residents during that time.
In the US, car sharing and ride sharing are increasing at a 34-percent compounded annual growth rate. At that rate they could capture 24 million customers by 2025.
It's all driven by economics. Why should you pay a deposit to buy a car which starts depreciating the instant you drive if off ....
only to have it parked for 22 hours a day?
Instead, why not buy your mobility only when you need it?
Demographic trends are also working in favor of ride sharing.
According to the Transportation Research Institute at the University of Michigan, only 66 percent of 18- and 19-year-olds in the United States have a driver's license today.
Thirty years ago that number was nearly 84 percent. And UMTRI is seeing a drop across all ages from 18 to 39 years old.
http://www.autoblog.com/2015/12/11/last ... e-mcelroy/