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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (21268)	8/26/2018 7:46:47 PM
From: Don Green	Read Replies (1) \| Respond to of 33421

Bob I know you will enjoy this Millennials don't care about owning vehicles, so manufacturers are offering subscriptions Volvo, Porsche, BMW, and others are bundling a car with insurance, maintenance, and everything else. VOLVO XC40 The XC40 is part of Volvo's Care by Volvo plan, which gets you access to a single vehicle for $600 per month, but that includes maintenance and insurance. By Harold Stark May 1, 2018. According to The Geography of Transport Systems by Jean-Paul Rodrigue, more than 90% of households in the United States own at least one vehicle, and the number of cars sold in America reached a record-breaking 17.6 million in 2016. But things have started to change. As local transportation continues to evolve more millennials are opting out of buying their own car in favor of newer, more flexible options like ridesharing service. To combat this migration, some manufacturers allow customers to subscribe to a car on a monthly basis for a fee, much the same way they subscribe to Netflix or Spotify. flip.it