October 05, 2017
Stakeholders throughout the transportation industry face fundamental disruptions as vehicle ownership yields to as-needed mobility.
Mobility has been the lifeblood of modern civilization. Throughout the 20th century, autos and the auto industry propelled human development, bringing unrivaled utility and flexibility to the way people move. The automobile forever altered urban and suburban landscapes, and the auto industry emerged as one of the largest sectors of the world economy. Yet the industry — which survived the Great Depression, two world wars, and a two-peaked oil “crisis” — now faces fundamental disruption.
Authors: Venkat Sumantran, Charles Fine, and David Gonsalvez
Sloan Management Review