Detroit Steps On The Gas: Why More Car Makers Are Launching Subscription Services

Trends I looked at in mid-2017 continue to point toward rising interest in car subscription services as the auto industry looks for new ways to use excess inventory.

Source: Bigstock

More car makers are rolling out new car subscription services. In mid-2017, I took a look at the still-new car subscription service trend. At the time, I found just four of these services -- but another dozen have launched since then. I also looked at car production and concluded that a surplus of manufacturing would drive new ways to move that inventory. Those trends are continuing. The result of producing more cars than the market can sell using conventional means is that ca...

 


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