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Car-Sharing Programs (Short-Term Rentals), AKA Mobility Services, Proliferate, Business and Industry Trends Analysis

Car sharing has become a big business in North America and Europe.  This practice is called car sharing because the organizations providing the cars enable short-term, on-demand use, without the burdens of car ownership. 

The costs of buying, operating, insuring and parking a personal automobile are extremely high.  At the same time, consumer attitudes and behavior regarding transportation are evolving rapidly.  Surveys in mature economies such as Japan show that a relatively large number of young people have no interest in purchasing a car.  The percentage of people in major cities in the U.S. and UK who do not own cars is rising.  The term Mobility Services is widely used to describe car sharing strategies like ZipCar, ride-on-demand systems like Uber and other alternative personal transportation systems.



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