car life cycles

Brian Rome

A Switch To Shared Self-Driving Cars Means We’d Buy Fewer Cars, Wear Them Out Faster

Most Americans aren’t comfortable yet with the idea of riding in an autonomous car, but at one time, horseless carriages and electricity in our homes were scary, too. Technology companies and automakers are both working to make autonomous cars happen, but wouldn’t self-piloting cars mean that we would share vehicles or pay fares? That would dramatically shrink demand for cars, hurting automakers. Right? [More]