Ride-Sharing’s Rise Need Not Bode Poorly for New Car Purchases, SA Reports
The rise in ride-sharing doesn’t necessarily bode poorly for future vehicle purchase intentions of current vehicle owners, Strategy Analytics reported Monday. Ride-sharing usage increases the likelihood current vehicle owners will buy another in the next five years, SA said. “Ridesharing…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
fills a niche that is convenient but will not supplant their personal vehicle.” Millennials with no children who use ride-sharing services at least once a week are less likely to buy another vehicle in the next five years than parents as a whole, the researcher said.