About the Car as a Service
The Car as a Service - CaaS
( See also Mobility )
Subscriptions and monthly payment Contracts are now the norm for many things that we use on a regular basis today, such as Smartphones, Internet access, Satellite TV and Cable services, Netflix, etc.
In 2017, Ford and Toyota renamed themselves ‘mobility companies’ rather than automotive manufacturers
According to a recent detailed report, Car ownership could well be the next big thing to be affected, predicting that every 1 in 5 new cars will be available on a subscription service, rather than through ownership, by 2025.
Read the full report by Sarwant Singh, Senior Partner, Head of Mobility & Visionary Innovation Group, Frost & Sullivan
https://www.frost.com/frost-perspectives/your-next-car-could-be-flexible-subscription-model
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