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eBook: Evolution Not Revolution

 

Tighter margins on sales, the disruptive switch to EVs and a declining aftersales business have all taken their toll on the car industry, but the biggest shift – and paradoxically the biggest opportunity – is the change in consumer habits. There is a move from car ownership to usership, with the global Car-as-a-Service (CaaS) market projected to reach $225.65 billion in value by 2030, from $122.22 billion in 2020 with a CAGR of 6.8%. By 2025, according to Deloitte, moving to usage-based models in the UK, Germany, France, Spain and Italy will see €22bn in new annual auto financing shift towards the vehicle subscription market.

GTS’s Transforming Car Manufacturers into Shared Mobility Providers eBook explores some of the ways OEM’s are responding to the challenge, including:

  1. Staying Close to the Customer
  2. Car as a Service (CaaS) technology solutions
  3. Using data to drive continuous growth
  4. Data analytics and Statistical Control Processes

A new generation of shared mobility technologies will enable OEMs to evolve into shared mobility providers, generating revenue opportunities and paving the way for the intelligent mobility systems of the future, where data and statistical analytics will fuel new CaaS business models.

Learn more about the opportunities, download our eBook today.