Threats to Private Car Ownership

[TheWorldNewsOrg]

Quote

Put simply, we just don’t use our cars very much.

Transportation adviser Paul Barter has confirmed longstanding claims by urban planners that, on average, cars are parked 95% of the time. Barter tries three different approaches, first using data on the number of car trips and their average time, then survey results about the time we spend driving, and finally extrapolates from reports on the distance and speeds cars travel.

Quote

So even if the auto industry has recovered a bit from its post-recession nightmare of a generation of transit-loving, bike-riding hipsters, the future will probably include a big shift in spending away from the big hunks of steel that, mostly, just sit in the driveway.

http://fortune.com/2016/03/13/cars-parked-95-percent-of-time/?xid=soc_socialflow_twitter_FORTUNE