While many executives don’t look beyond their spreadsheets with current and upcoming sales, the top executives and the best analysts need to look beyond the near-future.
We’re treating you with two cases of the latter section – two important voices in the auto industry are calling our attention towards the massive shift – akin to a velvet revolution – of the automobile’s role in a densely populated world. First off, according to a recent KPMG report, the consulting firm predicts the rise in prominence of ride-sharing, car-sharing and mobility-on-demand services will actually negatively impact the average number of cars per household in the United States.
“The freedom of mobility that my great-grandfather brought to people throughout the world is now threatened,” thinks Bill Ford, as his entire life – shaped by the unrestricted access to the auto industry – gives him a rather unique point of view among top automotive brass. He also sees a “global gridlock on a scale the world has never seen before” as by 2025 at least half of the world’s population would live in concentrated urban areas of at least 10 million residents – with the global total of car ownership – now at around 1 billion, set to double in 2050.