Comment Comment by rcMgD2BwE72F For now. Imagine that many people give up their personally-owed cars and rely on subscriptions in the next few years.Sales of cars would drop fast for manufacturers who don't have a on-demand service network with a sufficient critical mass.Don't forget that giants went close to bankruptcy around 2008 with only a few % of global sales decrease.Their market cap could drop low enough for Uber/Google/Apple (and their investors) to acquire them on the cheap. parent rcMgD2BwE72F 8 years ago
Sales of cars would drop fast for manufacturers who don't have a on-demand service network with a sufficient critical mass.
Don't forget that giants went close to bankruptcy around 2008 with only a few % of global sales decrease.
Their market cap could drop low enough for Uber/Google/Apple (and their investors) to acquire them on the cheap.