Auto Industry Looks Beyond Ownership
Adam Jonas, a New York-based analyst who scrutinizes car companies for investment bank Morgan Stanley, has a chart that he says will "occupy the remainder of my professional life." The shift toward renting rather than owning expensive assets, combined with the advent of self-driving cars, will transform the auto industry, Jonas says. Here's his chart:
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.