Hyperdrive

‘Peak Car’ and the End of an Industry

In Germany—the birthplace of the modern automobile—carmakers are anticipating the day when people stop owning cars.

Is This the End of the Automobile Industry?
Lock
This article is for subscribers only.

For years, Martin Bruesch was the bread and butter of the German auto industry. He routinely used his 211-horsepower Audi A4 station wagon for the 20-minute trip to the office.

Now on work days his car usually stays parked outside his apartment in the affluent Berlin neighborhood of Charlottenburg and the 32-year-old human resources executive hails a new carpooling service instead.