Car Companies Face 'End of Ownership' Crisis

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Tien Tzuo, CEO of Zuora, a company that engineers cloud-based software that helps facilitate the subscription business model, contends that consumers’ growing desire to be free of the hassle of owning things will force car companies to change their operations markedly…or face extinction.

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Car Companies Face 'End of Ownership' CrisisTien Tzuo, CEO of Zuora, a company that engineers cloud-based software that helps facilitate the subscription business model, contends that consumers’ growing desire to be free of the hassle of owning things will force car companies to change their operations markedly…or face extinction. No Lol damn people can't park 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...
Source: Forbes - 🏆 394. / 53 Read more »

America's love affair with trucks and SUVs is forcing big changes at big car companiesAmerica is falling back in love with trucks and SUVs, and that's causing big changes at big car companies Give it ten years, they’ll change back again. Why it's almost as if the last administration made gasoline prohibitively expensive and pressured car companies to make tiny ones that no one wanted to buy. When did they fall out of love
Source: CNBC - 🏆 12. / 72 Read more »