Urban Migration May Stall Auto Industry Growth
Commuters, and especially young adults, are forgoing car ownership in favor of car-sharing and mass transit. In the globe's growing megacities, pollution and gridlock are putting a damper on driving. These reasons may herald a world in which auto sales stall — as consumers purchase transportation largely on an as-needed basis.
Published Feb. 21, 2014
Sources: University of Michigan, Transportation Research Institute; IHS Automotive; Deloitte; Transportation Sustainability Research Center - University Of California, Berkeley; Yale University Center for Environmental Law & Policy; United Nations; Bloomberg research
GRAPHIC: DAVE MERRILL / BLOOMBERG VISUAL DATA