article thumbnail

Carmageddon: The Downshifting of America’s Auto Industry

Gonzobanker

According to an estimate by Boston Consulting Group, “One-quarter of miles driven in the U.S. may be through shared, self-driving vehicles by 2030.” The fallout from this easy lending has started inspiring lenders to pull back the reigns. Missing from this list are taxis, whose share dwindled to 12% in Q4 2016.

Industry 107