Car Companies Face 'End of Ownership' Crisis

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Will “the end of ownership” threaten the world’s major car companies?

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Did leasing for 6yrs & stopped with a recent purchase. hated the fees & assoc. “5 & 10” charges with leases. bought a BMW w/extended warranty. gonna pass the car to my kid in 5 yrs. it’s mine & hers. I also got a 10 yr MB GL 350 in mint shape. If I leased it 10yrs I would’ve lost

Cars are unaffordable to many people right now. They need to do what Ford did and drastically lower the prices of the best model in which soon enough everyone owned one. Please elonmusk of Tesla lol 10k car with auto navi

Much of what we watch, listen to, and read has become on-demand. Reducing our carbon footprint by taking cars off the road, while simultaneously making them more accessible and cost-effective doesn't seem like such a horrible future to me

It will threaten them, and potentially reduce overall ownership. But there are many situations where people will need to “own” or actually want to “own” a car... so the most likely scenario is a wider mix of options...

Lol damn people can't park

No

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