Car Subscriptions to Overtake Ownership?

The global and highly-respected Boston Consulting Group is reporting car subscription as playing an increasingly important role in the automotive sector, with some suggestions that it could represent 30-40 billion dollars by 2030.

With more customers seeking a flexible, all-inclusive, month-to-month programme that is easily accessed online there are reasons for traditional car dealerships to re-examine their business models.

One player set to capitalise on the growth of subscriptions is Free2Move Car On Demand which is well-established in the US, as well as in France, Spain and Portugal.  It has its eyes set on expansion into the UK, Germany and wider.