Automotive industry, Motoring, Consumer spending, UK news, Business, Transport, London, Avis Europe, Stellantis, Renault, Jaguar Land Rover, Apps Business | The Guardian
Services are finding it tough to turn profits, but user numbers are still rising in a shift away from the ‘ownership economy’Spotify did it for music. Netflix did it for films. For people in big cities, the app economy promised to do the same for cars: making a life without ownership of a couple of tonnes of metal possible.Businesses such as Zipcar, Enterprise Car Club and Share Now offer app-based car rental by the hour, while the likes of Hiyacar, Turo and Getaround have opened up the ability to rent neighbours’ cars. During the Covid pandemic – and the easy money bubble – it seemed their time had come. Continue reading…
Services are finding it tough to turn profits, but user numbers are still rising in a shift away from the ‘ownership economy’
Spotify did it for music. Netflix did it for films. For people in big cities, the app economy promised to do the same for cars: making a life without ownership of a couple of tonnes of metal possible.
Businesses such as Zipcar, Enterprise Car Club and Share Now offer app-based car rental by the hour, while the likes of Hiyacar, Turo and Getaround have opened up the ability to rent neighbours’ cars. During the Covid pandemic – and the easy money bubble – it seemed their time had come.
