The growth in alternative modes of transportation is disrupting the automotive industry, especially with Millennial buyers.
As services such as Uber and Lyft emerge, vehicle manufacturers need to shift their strategies to cater to the millennial demographic, whose travel habits have been altered. However, all consumers are now traveling differently as well, with one in seven claiming mobility services have an affect on their vehicle purchasing, according to Foresight Research.
Keywords
buying vehicles LCTFast40 Lyft Millennials on-demand service TNCs Uber vehicle sales
Follow @lctmag on Twitter
via Limo News http://ift.tt/2dsoi37
No comments:
Post a Comment