Detroit Steps On The Gas: Why More Car Makers Are Launching Subscription Services
January 31, 2019
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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.
Car makers are churning out cars at a record pace -- up 4.7% in December. To move this excess inventory, car makers are pushing Americans towards higher debt and riskier loans. They are also looking into more creative ways to use inventory, including car subscription services. More and more auto companies are rolling these out.
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