Share, buy or lease a car: What does future hold for automakers.
Caitlin Harrington, a researcher at Wired recently published an article. She cites an interesting glimpse of what does the future hold for automakers. Since the advent of car-sharing, the rise in the sales of vehicles has stopped. Millennials have shown great interest in renting vehicles. Hence, making companies like Turo and Zipcar extremely popular. This phenomenon of increased interest in sharing the vehicle has not gone unnoticed by the thinktanks of auto manufacturers. Therefore, they have also changed their approach, they have started to invest in car-sharing companies and other ........