Paul Humphreys, Managing Director, Cox Automotive Mobility International

Mobility blog part 2: How mobility is changing the vehicle lifecycle

New retail models, subscription, car sharing and ride-hailing, to name just a few services, are fundamentally changing our relationship with vehicles from ownership to usership.

I discussed in my previous blog how a number of societal, legislative, economic and technological changes are bringing about a renaissance in the ease in which we move people and goods from A to B

Mobility isn’t just the future, it’s already here. New retail models, subscription, car sharing and ride-hailing, to name just a few services, are fundamentally changing our relationship with vehicles from ownership to usership. The mobility market is estimated to grow from €2 trillion to €5 trillion by the end of the decade.

Inevitably, all of this disruption is bringing about change throughout the vehicle lifecycle and the ecosystem that supports it. From factory gate to the scrap yard, the structures, processes and behaviours established over decades are facing reinvention.

Read the full blog here.

How mobility is fundamentally changing the vehicle lifecycle (coxautoinc.eu)

Cox Automotive